The Brief

Amid a slumping housing market, President Donald Trump over the weekend floated the idea of introducing a 50-year mortgage – and appears to have the support of the federal housing agency.

Here’s what’s being said about the idea:

50-year mortgage

What they're saying:

On Saturday, Trump posted on social media a meme introducing the idea of a 50-year mortgage, as President Franklin D. Roosevelt introduced the 30-year mortgage.

William Pulte, director of the Federal Housing Finance Agency, reposted the meme saying his agency was "indeed" working on a 50-year mortgage - calling it a game changer.

"We are also working on ways to give relief in the 5 year mortgage, the 10 year mortgage, and the 15 year mortgage," Pulte added in another post on X .

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