A list of 10 Christmas wishes for Florida Real estate for the incoming year.

The real estate world has a new obsession — and it’s not rates, inventory, or the next hot city. It’s the 50-year mortgage. TikTok loves it, headlines hype it, younger buyers are curious, and the internet is completely divided. Some call it the future of affordability; others say it’s the next big financial trap.

If you’ve owned your home for a while, chances are you’ve built up a significant amount of equity. Instead of letting that equity sit idle, you can put it to work by leveraging it to invest in additional real estate.

There are many financial gurus that frown upon the use of credit. However, using and leveraging your credit to own assets such as real estate can position you to improve your financial standing. Debt instruments such as mortgages can help you leverage your equity to purchase, invest, or consolidate other high-interest debt accounts.