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Trump's 50-year mortgage may burden Americans with more debt, experts say

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1 hour ago

Economists are warning that President Donald Trump’s proposed plan to ease mortgage costs could saddle millions of Americans with longer-term debt, a short-term relief that may carry a lifetime price tag.Over the weekend, Trump floated the idea of a 50-year mortgage in a Truth Social post. Bill Pulte, the director of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, confirmed in a separate post that the administration was "indeed working on" the new mortgage option and called it "a complete game changer."THE PRICE OF BUILDING A HOME KEEPS CLIMBING — AND UNCERTAINTY...

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