Trump’s 50-Year Mortgage Favors Banks, Devours Families

Trump’s 50-Year Mortgage Favors Banks, Devours Families

In the wake of Zohran Mamdani’s stunning coup in New York, fueled in part by a populist message aimed once again at the Democrats’ traditional constituency—the working class—Trump is floating a shiny new “solution” to the housing crisis: the 50-year mortgage. It sounds compassionate. It sounds innovative. It sounds like help for young families priced out of the market. It is none of those… Source

Guest Column: Homebuyer horror: Attack of the 50-year mortgage!

By Thomas Knapp In a graphic posted to Truth Social on Nov. 8, Donald Trump lists himself next to Franklin Delano Roosevelt as one of two “great presidents,” because FDR’s New Deal introduced the 30-year home mortgage and Trump, apparently, wants to “go large” on the idea. Federal Housing Finance Agency Director Bill Pulte confirmed on X that “we are indeed working on the 50-year mortgage — a complete game changer.” The Trump/Pulte proposal brin…