President Donald Trump and administration officials signaled that they're planning to develop a 50-year mortgage that they think could expand access to homeownership, though experts are cautioning the longer-term mortgages could hamstring homebuyers.

Trump on Saturday posted on his Truth Social platform with a graphic showing pictures of "Great American Presidents" including Franklin D. Roosevelt, who was in office when the 30-year mortgage was popularized, and himself to suggest he will develop a 50-year mortgage.

Federal Housing Finance Agency Director Bill Pulte added in a post on X that, "Thanks to President Trump, we are indeed working on The 50 year Mortgage – a complete game changer."

Financial industry experts responded to the 50-year mortgage proposal with skepticism,

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