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

Date:

Share post:


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!”



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

[New Design Now Showing][Rumor] Chase To Refresh Freedom Flex Later This Month

Update 9/19/26: Refresh is supposed to go live tomorrow and people are already...

AI agents are agreeing and acting: machines are now smarter than humans. Their principals merely agree 

In July, hundreds of OpenAI AI agents created a message board, exchanged roughly 70,000 messages to coordinate...

Top 6 BBA Specialization | Jobs in Every Company | Company Requirement

How to choose the right management course for you in this video we are providing the TOP 6...

51% of High-Poverty High School Grads Go Straight to College vs. 74% at Wealthier Schools

The National Student Clearinghouse Research Center released its 14th annual High School Benchmarks report on September 17,...