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Trump admin ‘working on plan’ to roll out 50-year mortgage to address housing costs

November 10, 2025 | | Print Article

The president’s latest proposal, aiming to tackle housing affordability, found conservatives more than skeptical and offering an in-progress alternative.

Not long after inviting White House Press Secretary Karoline Leavitt to deliver a tongue-lashing to corporate media about their coverage of affordability, President Donald Trump took to Truth Social to float a new idea aimed at helping the young work around increased costs and crippling interest rates. However, the proposed 50-year mortgage had the right ripping into what was seen as a gift to banks and a certain path to stifle actual homeownership.

On the administration side of things, Federal Housing Finance Agency (FHFA) Director Bill Pulte shared a Truth Social post from Trump that featured him juxtaposed with President Franklin D. Roosevelt as “Great American Presidents” with a 30-Year Mortgage caption over the latter and a 50-Year Mortgage caption over the former.

“Thanks to President Trump, we are indeed working on The 50 year Mortgage — a complete game changer,” wrote the director.

Last week, it was reported that the average age of first-time homebuyers reached a new record of 40 years old, according to the National Association of Realtors, while their makeup of the market reached a record low of 21%. Much of the decrease in participation was attributed to high rent and student debt preventing them from building savings.

As Federal Reserve Chair Jerome Powell earned the nickname “too late” from the president for being slow to act on cutting the interest rate, negatively influencing the downward trend of mortgage rates, the president is said to be exploring other avenues to help the housing market.

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In October, Pulte, whose agency monitors Fannie Mae and Freddie Mac, stated that the president is “opportunistically evaluating” moving forward with a plan proposed earlier in the year.

That plan involved privatizing the federal mortgage enterprises as he’d said in May, “I am giving very serious consideration to bringing Fannie Mae and Freddie Mac public … Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right. Stay tuned!”

Despite the typical confidence from conservatives on the president’s economic proposals, the idea of a 50-year mortgage found many arguing that the nominal impact would only hurt homebuyers in the long run without actually addressing the more pressing impediments to entry into the market, such as amassing a meaningful down payment.

Instead, those speaking out on the right proposed that the Trump administration continue to steer resources toward removing illegal aliens from the country, as, in addition to the impact on crime statistics and the drain on resources, they also impact housing availability.

“This just means your house will be owned by the bank until you die, and after,” asserted The Daily Wire’s Matt Walsh. “We don’t need 50-year mortgages. Get the illegal immigrants out of our country. Give America back to Americans.”

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Similarly, The Federalist CEO Sean Davis wrote, “A 50-year mortgage does nothing to help the 24-year-old American college grad with a bunch of student loan debt and no job, let alone the ability to save up enough for a down payment, buy a home.”

As others ripped on the president’s proposal, Davis went on to suggest, “The solution to the housing affordability crisis is simple: sound money, massive deportations and reductions in legal immigration, and an American economy that is designed to work for actual Americans. Unfortunately, what is simple is not easy, and that is because the current system is wildly lucrative for the oligarchy that views this nation as a piggy bank rather than a heritage for actual Americans and their children.”

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Kevin Haggerty
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