Fifty-year mortgages could be on the way in the US, says Trump

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But reaction to the plan was mixed, including among some of Trump’s allies like Georgia congresswoman Marjorie Taylor Greene.

“I don’t like 50 year mortgages as the solution to the housing affordability crisis,” Taylor Greene wrote in a lengthy Sunday X post. “It will ultimately reward the banks, mortgage lenders, and home builders while people pay far more interest over time and die before they ever pay off their home. In debt forever, in debt for life!”

She said lawmakers should be focused on preventing companies and asset managers from purchasing single-family homes, which she argued was forcing homebuyers to compete with corporations “that turn thousands of homes into permanent rental homes.”

Still, Pulte said longer mortgage terms were just one of many options under consideration by the administration to ease affordability challenges.

“We are laser focused on ensuring the American Dream for YOUNG PEOPLE and that can only happen on the economic level of homebuying,” he wrote. “A 50 Year Mortgage is simply a potential weapon in a WIDE arsenal of solutions that we are developing right now. STAY TUNED!”



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