The Trump administration is considering a 50-year mortgage, and not just the traditional 30-year term, a potential “game changer” for the housing market, Federal Housing Finance Agency Director Bill Pulte announced. The 50-year mortgage could be a boon to families looking to buy with soaring housing costs. It would lower their monthly payments significantly - but would make payments for two decades longer than the standard 30-year term. Nearly all — 93 percent of Americans —
President Donald Trump and Pulte announced on X.com on Saturday that they’re working on a 50-year mortgage option to help lower some homebuyers’ initial monthly payments. 11-data backed thoughts on 50-year mortgages. 1. A 50-year mortgage would come with a higher interest rate Lenders charge more for longer-term loans because they take on additional risk. 2. Logan Mohtashami estimates that a 50-year mortgage would carry a rate roughly 42 to 57 basis points higher than the 30
