Trump Proposes 50-Year Mortgage Despite Dodd-Frank Barrier and Expert Warnings

In mid-November 2025, President Trump proposed 50-year mortgages to address housing affordability. Under Dodd-Frank, mortgages longer than 30 years do not qualify as "qualified mortgages" and cannot receive Fannie Mae or Freddie Mac backing, making lender participation unlikely without legislation. FHFA Director Bill Pulte called it a "game changer," but housing economists warned longer terms increase total interest costs, slow equity building, and could inflate home prices.