Trump administration 'working on' 50-year mortgage to boost affordability

Federal Housing Finance Agency Director Bill Pulte announced on Saturday that his agency is actively working to introduce a 50-year mortgage term, a move that comes as President Donald Trump is grappling with the public’s concerns about affordability.

Trump recently blasted the issue of affordability as a “con job” after Republicans suffered widespread losses in the 2025 midyear elections because of Democrats’ messaging on it. Despite it stoking his ire, the president is reportedly planning to discuss the issue much more frequently, evident in his recent press conference announcing discounted prices for obesity drugs.