Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.

President Donald Trump has suggested creating a new 50-year mortgage plan, according to a post on his Truth Social platform.

Experts in the mortgage industry are skeptical. Buyers would pay less each month, but would end up paying more over time.

Thanks to President Trump, we are indeed working on The 50 year Mortgage  – a complete game changer,” Federal Housing Finance Agency Director Bill Pulte wrote on X.

The Trump administration is working on a plan for 50-year loans, aiming to reduce monthly payments at a time when many ...