The Trump administration is considering new mortgage options designed to help more Americans buy homes, including so-called portable mortgages and 50-year loans.

Federal Housing Finance Agency Director Bill Pulte announced Wednesday that his agency is exploring portable mortgages, which would allow homeowners to transfer an existing mortgage to a new house instead of taking on a new loan.

"We are actively evaluating portable mortgages," Pulte said in a statement.

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President Donald Trump has also teased the idea of 50-year mortgages, saying they could lower monthly payments by spreading costs over a longer period. Whether such a loan would help the current housing crisis is heavily debated.

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