Overview
- President Trump signaled interest in 50-year mortgages with a Truth Social graphic referencing the 30-year standard born in the New Deal.
- FHFA Director Bill Pulte said on X that the agency is working on a 50-year mortgage concept, calling it a game changer.
- There is no White House policy document or formal release outlining the proposal, and no implementation timeline has been presented.
- The Dodd-Frank Qualified Mortgage rule does not permit 40- or 50-year terms, so broad adoption would require regulatory or legislative changes, otherwise offerings would likely be limited to higher-cost non-QM loans.
- Longer amortizations reduce monthly payments per Fannie Mae calculator examples but slow equity accumulation, a trade-off that has drawn skepticism from industry analysts.