Trump considering shake-up to housing market by offering 50-year mortgages and not just 30-year terms
- Yahoofinance
- Nov 24, 2025
- 1 min read
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 — last month said they believe housing costs are too high, according to Realtor.com.
People aren’t moving as frequently. The median time that a homeowner in 2025 stayed in their home before selling was 11 years a record high, the National Association of Realtors found. Similarly, only 28 percent of homes changed hands in the first nine months of 2025, marking the lowest turnover rate in at least 30 years, Redfin found last month.
First-time homeowners are also getting older. The typical age of first-time buyers rose to 40 years old, a record high, according to the National Association of Realtors.
The average rate on a 30-year U.S. mortgage is 6.22 percent, according to Freddie Mac. With that interest rate on a $200,000 home with a 20 percent down payment, Fannie Mae calculated that homeowners would pay $1,143 monthly on a 50-year mortgage compared to paying $1,257 on a 30-year mortgage.
“Young Americans don't want to be debt slaves for the rest of their lives. We want cheaper houses, which can only be accomplished by increasing the supply through deregulation.@realDonaldTrump, please reconsider,” Anders posted.”