Pro tip, from one who lends money on real estate for a living: amortization is the lender's friend, equity build-up is the borrower's friend, your house is not an investment, and real estate values can fall as well as rise.
After 30 years, longer amortization doesn't help lower monthly debt service very much. For example, assume a $500,000 mortgage at 6.00%. on a 30-year schedule. Monthly payment is $2,997 and after seven years (typical holding period for a home, in the US) a borrower has paid down $51.8k. For a 40-year amortization, the monthly payment goes down by only 8.2% ($246) and after seven years, only $26,129 has been repaid. If, after seven years, real estate prices have stagnated, and interest rates have gone up only 75bp, to 6.75%, a borrower pays the same as the 30-am mortgage. In other words, it is easy to see how a longer amortization presents very little upside, and a larger amount of downside. All for 8% less in payment...
GOP pols are already dodging in-person town hall meetings with their constituents, so as to avoid getting bad news and ill will barked at them. Imagine how things will be in a few months when millions have absorbed increases in healthcare, or have been forced to go without. No amount of blather. BS and lies from this fat, orange criminal insurrectionist and golf cheat will convince voters that what they are seeing is not real.
I'll wager that all those in the administration who are yearning for improved conditions in 2026 will shortly thereafter rue the passing of 2025...