Latest Breaking News

BumRushDaShow

(163,359 posts) Sun Nov 9, 2025, 08:52 AM Sunday

Donald Trump Proposing 50-Year Mortgages Sparks Backlash [View all]

Source: Newsweek

Published Nov 09, 2025 at 06:48 AM EST updated Nov 09, 2025 at 07:38 AM EST

U.S. President Donald Trump's proposal to introduce 50-year mortgage terms for homebuyers has sparked a backlash from online commentators.

Federal Housing Finance Agency (FHFA) Director Bill Pulte said on Saturday that the Trump administration is working on a plan to introduce the measure. Writing on X, people criticized the idea, which they said could increase debt levels. Newsweek reached out to the FHFA by email outside of normal business hours for comment.

Why It Matters

Home ownership has emerged as a key issues in the U.S., with many people struggling to get on the housing ladder. The average age of first-time homebuyers had reached an all-time high of 40, according to a recent report by the National Association of Realtors and the U.S. housing market has slowed this year due to sky-high home prices, elevated borrowing costs and other factors.

What To Know

Pulte's X post came after Trump posted an image on his social media platform Truth Social in which he placed an image of himself next to one of former President Franklin D. Roosevelt, who established the 30-year mortgage standard. He wrote "30-year mortgage” above Roosevelt’s image and “50-year mortgage” above his. In a separate post, Pulte wrote: “Trump proposes 50-year mortgage to help affordability.”

Read more: https://www.newsweek.com/donald-trump-50-year-mortgage-backlash-11017505

65 replies

= new reply since forum marked as read

Highlight:

Donald Trump Proposing 50-Year Mortgages Sparks Backlash [View all] BumRushDaShow Sunday OP

30 years is hard enough............. Lovie777 Sunday #1

Biden suggested taxing the profits of REITs wolfie001 Sunday #4

That's not "affordability" -- that's lifetime debt service LSparkle Sunday #2

This will pass on mortgage debt to the children of homeowners . FalloutShelter Sunday #5

Do children inherit debt or do you mean they lose karynnj Sunday #29

Imagine being foreclosed on in year 49 TheFarseer Sunday #8

It's called renting. NotHardly Sunday #40

When I was posted to Germany in the early 90's, they had 100 year mortgages. OnlinePoker Sunday #3

Japan actually has 150-year mortgages! lastlib Sunday #48

As someone who spent 45 years working in real estate hamsterjill Sunday #6

I thought the same thing Hey Joe Sunday #25

"Oh well. That mortgage payment is still in the mail, right?" durablend Sunday #32

Bring back the FannyMae and FreddieMac mortgages FakeNoose Sunday #7

same here. mopinko Sunday #21

Get private equity out of residential ownership... EarthFirst Sunday #9

Canada tried 40 year mortgages briefly under Harper Fiendish Thingy Sunday #10

Increased demand, with probably little to no incentives to increase supply to meet that demand. paleotn Sunday #20

Indentured servants Puppyjive Sunday #11

Lifetime of indentured servitude to the corporate machines Javaman Sunday #12

Not to mention ten year car loans on top of that. Diamond_Dog Sunday #15

As long as you are in permanent debt Javaman Sunday #18

Indeed Hey Joe Sunday #27

Indeed it would👍 nt Javaman Sunday #42

Fiberboard Glue homes won't last 50 years. Renovation every 25 years. bucolic_frolic Sunday #13

$200k borrowed. 30 yr loan payment at 6% $1200. 50 yr. loan pmt $1052. $148 a month diff. twodogsbarking Sunday #14

And the amount of interest to be paid is MONSTROUS. lastlib Sunday #46

Exactly! This would be ruinous for most families FakeNoose Sunday #55

The interest is the devil for sure. That makes it hard to move when your current rate is below 3%. twodogsbarking Sunday #49

What's worse? mwooldri Sunday #16

Why is anyone surprised? He doesn't understand anything. He's a hateful dementia ridden moron. ChicagoTeamster Sunday #17

Years ago snowybirdie Sunday #19

i just want to point out, since a lot of ppl dont know, mopinko Sunday #22

This! paleotn Sunday #24

I am currently doing this. Prof. Toru Tanaka Sunday #28

I used this to pay a recent car loan, saved $10K in interest! lastlib Sunday #47

We did this ... SomewhereInTheMiddle Monday #64

Home financing ideas from a multi-bankrupt, debt hog. paleotn Sunday #23

What makes it more affordable Turbineguy Sunday #26

It's a FAKE MORTGAGE! You'll be 80 years old and still paying it off /nt bucolic_frolic Sunday #31

Trump will think of a way to shorten your life. Turbineguy Sunday #36

Step 1: 50-year mortgages. Step 2: Bluetus Sunday #30

will the bank reqjuire life insurance? rampartd Sunday #33

Banks will just repossess the house, sell it, and get another poor fool paying them a 50 year mortgage. nt SunSeeker Sunday #44

IIRC There are Mortgages that go to the deceased person's next of kin upon death in Europe. Jacson6 Sunday #34

I refinanced during Covid. I already had a decent rate, think I lowered it by 1.25 or 1.5 percent AZJonnie Sunday #35

50 year mortgage, ten year car payments, student loan debt, full medical premiums with no ACA help Diamond_Dog Sunday #37

Goes hand in hand with the new 7 year car loans. flvegan Sunday #38

When my husband taught middle school math Diamond_Dog Sunday #39

I would have guessed "American education" regardless of where this was posted. flvegan Sunday #45

While we're at it Devilsun Sunday #41

How about offering first time home buyers $25,000 toward their down payment, like Kamala did? SunSeeker Sunday #43

If that idea had turned into law, the 60 % of the country who don't have a thousand dollars for an emergency questionseverything Sunday #50

No they wouldn't, most don't pay federal taxes, which is how the down payments would be funded. SunSeeker Sunday #52

51,000 is considered the bottom of middle income questionseverything Sunday #53

I didn't insult you. You're the one throwing out "both sides" insults about the Democratic Party. nt SunSeeker Sunday #57

I'm pretty sure I get to decide if I'm insulted or not questionseverything Sunday #58

As do I. nt SunSeeker Sunday #61

Stupid fuk is proposing longer interest payments UpInArms Sunday #51

Mortgage Companies Deep State Witch Sunday #54

I'll take a 50yr mortgage fixed at 3% any day of the year. Buddyzbuddy Sunday #56

That's no deal, it would be cheaper to pay rent for your entire life FakeNoose Sunday #59

First, I understand and respect your perspective. Buddyzbuddy Monday #63

A basic new construction house is $250,000 plus questionseverything Sunday #60

But with harsher natural disasters: fire, flood, TommyT139 Sunday #62

This is another stupid trump idea LetMyPeopleVote Monday #65