The Latest Breaking News from Bill Pulte

A proposal touting 50-year mortgages could double interest payments and worsen inequality

Socializing risk to subsidize demand isn't a solution to the housing crisis, but it is a good start to another financial crisis.

The White House is considering backing a 50-year mortgage plan to help alleviate the country's home affordability crisis. Experts say the proposal has several drawbacks.

"It might help a little bit," Trump said of the 50-year mortgage plan, which has no details attached yet. His housing director called it a "game-changer."

Trump’s 50-year mortgage plan has had its fair share of public scrutiny. But despite most Americans rejecting the idea as a “time cage,” there is news circulating about a “15-year car loan.” Basically, it’s a lifetime payment plan for cars that break down before they’re fully paid off.

Mortgage experts are divided on the wisdom of a 50-year mortgage. No one seems to think it's the key to making homeownership affordable.

Last month, 93 percent of Americans said they believe housing costs are too high

FHFA Director Bill Pulte confirmed Saturday, “We are indeed working on The 50-year Mortgage – a complete game changer."

The Trump administration is considering a 50-year mortgage plan amid a housing affordability crisis, but critics warn that it could exacerbate household debt.

The Donald Trump administration is weighing a plan to introduce 50-year mortgages, a move officials say could reshape the housing market for generations of American buyers facing record costs.

Speaking at the ResiDay conference, Bill Pulte said President Donadld Trump avoids D.C. groupthink, but "these other people, like Powell, they've lost their mind."