The Brief

President Trump on Saturday introduced on social media the idea of a 50-year mortgage.

William Pulte, director of the Federal Housing Finance Agency, chimed in to say his agency was "indeed" working on a 50-year mortgage and called it a game changer.

The U.S. housing market has been in a slump, and elevated mortgage rates and prices have priced out many Americans.

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

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