Story perspectives
Trump Proposes Game-Changing 50-Year Mortgages, Eyes Fannie Mae IPO
11/9/2025
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Story summary
- Federal Housing Finance Agency Director Bill Pulte said the Trump administration is developing a plan for 50-year mortgage terms, calling it a "game changer" in a statement on X.
- Trump compared himself to Franklin D. Roosevelt, who established the 30-year mortgage in the New Deal.
- Pulte confirmed Trump is considering taking Fannie Mae and Freddie Mac public, with a decision by the end of 2025.
