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President Trump floats 50-year mortgage: Here's how it could work
CNBC Televisionยท 2025-11-10 16:45
Welcome back. So, could a 50-year mortgage option be on the horizon. The Trump administration raising the prospect of such a loan over the weekend.Our Diana Olle joins us now with the story, Diana. So, how would this work. Well, so Sarah, in an attempt to make home buying more affordable, President Trump floated the idea of a 50-year mortgage in social media post.In response, FHFA Director Bill Py, who oversees Fanny May and Freddy Mack, posted that they are quote working on it and that it would be quote a ...