Housing director confirms Trump admin. ‘working on’ 50-year mortgage
Share this @internewscast.com


On Saturday, Bill Pulte, the Director of the Federal Housing Finance Agency (FHFA), announced that the Trump administration is currently developing a plan to offer 50-year mortgage terms for homebuyers.

Pulte expressed this development via a statement on the social platform X, saying, “Thanks to President Trump, we are indeed working on The 50 year Mortgage — a complete game changer.”

This announcement follows a post by President Trump on Truth Social earlier that day. The post featured a graphic comparing Trump with former President Franklin D. Roosevelt, whose administration introduced the 30-year mortgage standard during the New Deal to aid citizens in recovering from the Great Depression.

You May Also Like

Rhode Island’s Offshore Wind Revolution: Defying Trump’s Opposition to Clean Energy

Off the coast of Rhode Island, towering offshore wind turbines, nearly three…

Turkey Enacts New Law Limiting Social Media for Teens Under 15

ISTANBUL – In a significant move, Turkish legislators approved a new bill…

Harbor House of Central Florida Empowers Domestic Violence Survivors to Keep Beloved Pets Safe

ORLANDO, Fla. – For countless survivors of domestic violence, the decision to…

Unlocking the Future: Former Sen. Bill Frist Explores Environmental Innovation at ETSU Earth Day Event

Former Senator Bill Frist, a Republican from Tennessee, recently addressed a gathering…

Anthropic Challenges Pentagon’s Assertions on AI Oversight in Military Systems

WASHINGTON – On Wednesday, Anthropic presented an argument to an appeals court,…

Unicoi County Sheriff Hopefuls Address Surge in Campaign Sign Theft and Vandalism Ahead of Primary

In Unicoi County, Tennessee, both candidates vying for the sheriff position in…

Lebanon Condemns Israeli Home Demolitions in Ceasefire Zones: Tensions Rise Over Occupied Territories

BEIRUT – Following a recent ceasefire agreement with Hezbollah, the Israeli military…

Valencia College Pays Tribute: Honoring 10 Fallen Officers Who Once Trained in Our Halls

ORLANDO, Fla. – Recently, I was privileged to participate in a truly…