The Trump administration says it's working on a plan that could make 50-year mortgages a reality, a move aimed at helping younger Americans buy homes.

"A 50 Year Mortgage is simply a potential weapon in a WIDE arsenal of solutions that we are developing right now," Federal Housing Finance Agency Director Bill Pulte wrote on social platform X over the weekend, calling the idea a "complete game changer."

Pulte's statement came after President Trump floated the idea on Truth Social, posting an image touting himself as the creator of the 50-year mortgage.

Details remain sparse, but a longer-term loan option would likely mean lower monthly payments for homeowners — easing one of several affordability barriers that have pushed the typical age of first-time buyers to a record high.

However, a mortgage that stretches two decades beyond today's 30-year norm would also come with major drawbacks, including significantly higher total interest costs and a slower path to building home equity.

And if demand rises without a comparable increase in housing supply, prices could climb even further, erasing much of the intended benefit.

"It's not going to solve the primary issue in the housing market," said Redfin chief economist Daryl Fairweather. "It could create some unintended consequences for some people and may be a benefit to others."

NewsNation, The Hill's sister network, reached out to the FHFA — which oversees Fannie Mae and Freddie Mac — for more details about the idea but did not receive a response.

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