President Donald Trump is facing intense backlash after a top official floated a new proposal to address housing affordability issues in the United States.

Federal Housing Finance Agency Director Bill Pulte said on Saturday the Trump administration is “working on” a 50-year mortgage plan — a significant shift from the standard 30-year fixed-rate mortgage that was set in the wake of the Great Depression. Trump has vowed to lower costs for home buyers since being sworn into office as prices have skyrocketed in recent years.

“Thanks to President Trump, we are indeed working on The 50 year Mortgage — a complete game changer,” Pulte wrote on social media platform X.

Pulte responded to a post from Trump’s Truth Social account in which he shared a graphic of himself next to President Fr

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