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Trump Administration Shifts Focus Away from 50-Year Mortgage Proposal

KTSM••Sophie Brams
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Bill Pulte, the Director of the Federal Housing Finance Agency, announced that the Trump administration is likely abandoning the previously discussed 50-year mortgage plan aimed at making homeownership more affordable. During a press briefing, Pulte stated that the administration has 'other priorities' that take precedence over this long-term mortgage option. This shift could impact potential homebuyers who were looking forward to lower monthly payments through extended mortgage terms. The change in direction highlights the evolving priorities within the administration regarding housing finance.

trump housing finance mortgage

People & Organizations

Bill PulteFederal Housing Finance Agency

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