Trump's 50-Year Mortgage Plan Faces Backlash

“50 Year Mortgage < 50 Million Deportations,” Benny Johnson, a popular MAGA podcaster, wrote on X.

“The idea behind the 15- and 30-year mortgage is that you eventually own the home you live in, whereas the 50-year mortgage abandons this pretense altogether and fully embraces the idea of housing as a speculative asset. Not good, unless you’re a bank,” Chris Rufo, a Manhattan Institute senior fellow, wrote on X in response to a Pulte post stating they were working on the idea.

“So you can’t afford a 30-year mortgage, but you’re going to take out a 50-year mortgage to pay $300 less a month but pay $500,000 more to the bank by the end of the loan?,” Red State editor posted on X.

“Anything that goes before POTUS needs to be vetted,” a person present for Pulte’s poster presentation told the outlet. “And a lot of times with Pulte they’re not. He just goes straight up to POTUS.”

The Wall Street Editorial Board penned a piece slamming Pulte’s policy proposal, saying that Trump was looking for ways to lower prices in the wrong places.

“The 50-year mortgage proposal is basically: cut a few hundred off the monthly payment, spend hundreds of thousands more overall. If that sounds like a good deal to you, congratulations! You just rented from the bank for half a century,” Steven Crowder, a Rumble podcaster, wrote on X.

“President Trump is committed to making it easier and more affordable to achieve the American Dream of homeownership by eliminating unnecessary red tape, increasing supply, and lowering costs,” Davis Ingle, a White House Spokesman told the Caller in a statement.

“The White House and the entire Trump administration are appreciative of Mr. Pulte’s efforts, and everyone is working together to implement the President’s policies,” Ingle continued.