Top Trump Housing Official Tells Fox News 50-Year Mortgage Scheme is Still 'On the Table'
Source: MEDIAite
Dec 28th, 2025, 10:59 am
A White House Cabinet official told Fox News, on Sunday, that President Donald Trump’s widely-criticized 50-year mortgage plan is still under consideration. In an interview on Fox & Friends Weekend, HUD Secretary Scott Turner was quizzed about the prospect of 50-year mortgages by host Griff Jenkins — who pressed Turner for policy specifics on how the administration plans to make housing more affordable.
“I think a lot of the American people are wondering will there be 50-year mortgages, longer mortgage products available?” Jenkins asked. “Will there be this push to perhaps ease zoning restrictions? Share with us some details that the American people are so hungry for of ideas you may present the president with.” Turner’s response was vague.
“There’s a myriad of ideas that have been discussed, from mortgage, obviously, from interest rates, to cutting red tape,” Turner said. “I know at HUD, this year alone, we have helped over one million first-time home buyers through our FHA and Ginnie Mae programs at HUD. And so that’s some good news that the American people can celebrate. And also, to be encouraged to look at FHA, and look at Ginnie Mae if you’re a first- time home buyer, cutting red tape, taking down burdensome regulations, not only from a federal standpoint, but also from a local standpoint.”
Jenkins pressed Turner on the 50-year mortgage plan. “I’m going to ask you again about that 50-year mortgage — that’s a really out-of-the-box idea,” Jenkins said. “The immediate criticism was it would lock younger people into longer interest payments. Do you believe like something like a 50-year mortgage could actually work for for people.” Turner was non-committal, but made clear it’s still an option.
Read more: https://www.mediaite.com/media/news/top-trump-housing-official-tells-fox-news-50-year-mortgage-scheme-is-still-on-the-table/
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