Top Trump Housing Official Tells Fox News 50-Year Mortgage Scheme is Still 'On the Table'

[BumRushDaShow]

Source: MEDIAite

Dec 28th, 2025, 10:59 am


A White House Cabinet official told Fox News, on Sunday, that President Donald Trump’s widely-criticized 50-year mortgage plan is still under consideration. In an interview on Fox & Friends Weekend, HUD Secretary Scott Turner was quizzed about the prospect of 50-year mortgages by host Griff Jenkins — who pressed Turner for policy specifics on how the administration plans to make housing more affordable.

“I think a lot of the American people are wondering will there be 50-year mortgages, longer mortgage products available?” Jenkins asked. “Will there be this push to perhaps ease zoning restrictions? Share with us some details that the American people are so hungry for of ideas you may present the president with.” Turner’s response was vague.

“There’s a myriad of ideas that have been discussed, from mortgage, obviously, from interest rates, to cutting red tape,” Turner said. “I know at HUD, this year alone, we have helped over one million first-time home buyers through our FHA and Ginnie Mae programs at HUD. And so that’s some good news that the American people can celebrate. And also, to be encouraged to look at FHA, and look at Ginnie Mae if you’re a first- time home buyer, cutting red tape, taking down burdensome regulations, not only from a federal standpoint, but also from a local standpoint.”

Jenkins pressed Turner on the 50-year mortgage plan. “I’m going to ask you again about that 50-year mortgage — that’s a really out-of-the-box idea,” Jenkins said. “The immediate criticism was it would lock younger people into longer interest payments. Do you believe like something like a 50-year mortgage could actually work for for people.” Turner was non-committal, but made clear it’s still an option.

Read more: https://www.mediaite.com/media/news/top-trump-housing-official-tells-fox-news-50-year-mortgage-scheme-is-still-on-the-table/

[BOSSHOG]

1. Why not 100 year mortgages?

Why not close all the hospitals. Why not make everyone work for free. Conservative nirvana

[appalachiablue]

2. !! Amen

[Chasstev365]

3. Yes! Imagine all the loan defaults of people who taken on million dollar home payment that they won't be able to afford!

[PSPS]

4. If you run the numbers, a 50-year saves maybe $200 a month max

And it delays you having any equity at all by 25 years. Great deal for lenders (trump donors) but a rip off for borrowers (everyone else.) Maybe they'll be offered through the new "bank of trump" -- it's the best bank ever in the whole universe!11!!!!

[OAITW r.2.0]

5. Sad to see our government supporting a financial scam against the American people.

Reminds me of 2004 when the Bush administration wanted everyone to own a home,,,,even if they they couldn't afford the future balloon payments.

[flvegan]

6. 50 year mortgages, 10 year car loans will be next.

Personal finance should be a mandatory year-long course in every single high school. The oligarchs would hate that, so that's not going to happen.

[GB_RN]

7. Scam.

Nothing but a giveaway to the banksters. The “homeowner” would pay thousands more in interest, take much longer to establish equity and the monthly payments wouldn’t really be that much less than a 30 year mortgage.

Any time Cantaloupe Caligula the Corpulent suggests something that’s supposed to “help” people, follow the money, and you’ll find the whole goddamned thing is corrupt.

[Bengus81]

8. It's real simple,you'll still be making, or trying to make payments when your retired

You get behind five bucks or miss a payment the bank swoops in and forecloses on a home that you damn near have paid off. They've made 100's of thousands in interest AND get the home back.

WIN WIN for those fuckers...........