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The Independent UK
The Independent UK
Kelly Rissman

Trump considering shake-up to housing market by offering 50-year mortgages and not just 30-year terms

The Trump administration is considering a 50-year mortgage, and not just the traditional 30-year term, a potential “game changer” for the housing market, Federal Housing Finance Agency Director Bill Pulte announced.

“Thanks to President Trump, we are indeed working on The 50-year mortgage - a complete game changer,” Pulte wrote in a social media post Saturday. He later posted that the proposal aims to help with “affordability.”

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