Trump proposes 50-year mortgages to ease housing costs, but experts say the plan won't solve America's fundamental supply and demand housing crisis.

President Trump is tackling the affordability crisis with a focus on lowering the cost of housing, and his first proposal is the creation of a 50-year mortgage. But, not everyone thinks that's a good idea.

President Donald Trump proposed a 50-year mortgage to lower monthly payments for homeowners. Get up-to-the-minute news sent straight to your device. Sorry, an error occurred. Already Subscribed! Cancel anytime Account processing issue - the email address may already exist Thank you .

Over the weekend, top federal housing official Bill Pulte floated the idea of a 50-year mortgage with President Trump.

The Trump Administration is working to introduce 50-year mortgages for home buyers—a plan that has drawn criticism.

Most first-time homebuyers take out 30-year mortgages. Under a new proposal from the Trump administration, they may soon get 20 more years to pay them off.

President Donald Trump downplayed criticism of the potential creation of a 50-year mortgage product, saying it would help more Americans afford monthly payments on homes.