The Trump administration may be planning to implement a key mortgage change after the president’s call for a 50-year mortgage failed to gain traction.

The 50-year mortgage was proposed as a way to boost affordability in today’s housing market, but it drew criticism for its potential to lead to more long-term debt for most American s.

However, the new idea of portable mortgages would allow homeowners to transfer their current mortgage rate from one home to another, potentially helping homeowners in the long term.

Why It Matters

With a median sale price of a home $415,200 in September and an average current interest rate of roughly 6.3 percent, according to CNBC, many Americans have been priced out of the housing market.

Adding additional mortgage options enables homeowners to ha

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