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Trump's 50-Year Mortgage Plan Sparks Controversy, Research Needed

12/28/2025

Summary

Story summary

In a Fox News interview, Scott Turner, secretary of the U.S. Department of Housing and Urban Development (HUD), said U.S. President Donald Trump’s controversial 50-year mortgage plan remains under consideration.
He said more research is needed, noting the proposal could lock younger buyers into long-term debt.
Turner noted HUD has assisted over one million first-time home buyers this year through programs.
Despite backlash, the administration continues discussing housing affordability strategies.

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Story summary

In a Fox News interview, Scott Turner, secretary of the U.S. Department of Housing and Urban Development (HUD), said U.S. President Donald Trump’s controversial 50-year mortgage plan remains under consideration.
He said more research is needed, noting the proposal could lock younger buyers into long-term debt.
Turner noted HUD has assisted over one million first-time home buyers this year through programs.
Despite backlash, the administration continues discussing housing affordability strategies.