{"id":1750,"date":"2025-11-11T12:59:19","date_gmt":"2025-11-11T17:59:19","guid":{"rendered":"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/"},"modified":"2026-04-13T10:36:44","modified_gmt":"2026-04-13T14:36:44","slug":"trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base","status":"publish","type":"post","link":"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/","title":{"rendered":"Trump Defends 50-Year Mortgage: Trump&#8217;s 50-Year Mortgage Plan: A Recipe for Financial Disaster? | Brickellsold:"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/#The_Dark_Side_of_Trumps_50-Year_Mortgage_Plan\" >The Dark Side of Trump&#039;s 50-Year Mortgage Plan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/#Backlash_over_50-year_mortgage_plan\" >Backlash over 50-year mortgage plan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/#External_Resources\" >External Resources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/#FAQ_Trump_Defends_50-Year_Mortgage\" >FAQ: Trump Defends 50-Year Mortgage<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/#What_should_be_planned_first\" >What should be planned first?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The_Dark_Side_of_Trumps_50-Year_Mortgage_Plan\"><\/span>The Dark Side of Trump&#039;s 50-Year Mortgage Plan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<p>President Donald Trump has shrugged off criticism from fellow conservatives over his proposed 50-year mortgage, saying &#8216;all it means is you pay less per month.&#8217; However, experts warn that the plan could lead to financial disaster for homeowners.<\/p>\n<p><strong>Trump Defends 50-Year Mortgage<\/strong> helps improve planning, consistency, and publishing quality when teams follow a repeatable workflow.<\/p>\n<p>After Trump floated the idea over the weekend as a solution to the affordability crisis, it drew furious backlash even from his supporters, who pointed out that the small reduction in monthly payments would come with a massive increase in total interest paid over the life of the loan.<\/p>\n<p>In an interview on Monday night, Fox News host <strong>Laura Ingraham<\/strong> questioned Trump about the 50-year mortgage proposal, telling the president it had &#8220;enraged your MAGA friends.&#8221; <\/p>\n<p>&#8220;A significant MAGA backlash, calling it a giveaway to the banks and simply prolonging the time it would take for Americans to own a home outright. Is that really a good idea?\u201d asked Ingraham.<\/p>\n<p>\u201cIt\u2019s not even a big deal,\u201d Trump replied. \u201cI mean, you know, you go from 40 to 50 years.\u201d<\/p>\n<p>Ingraham interjected, noting that the standard mortgage term is 30 years. (Longer terms for fixed-rate mortgages are currently prohibited under federal rules for Qualified Mortgages.)<\/p>\n<p>&#8220;You pay something less, from 30, some people had a 40, now they have a 50,&#8221; Trump continued. &#8220;All it means is you pay less per month, you pay it over a longer period of time. It\u2019s not like a big factor. It might help a little bit, but the problem was that Biden did this. He increased the interest rates.&#8221;<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption><\/figcaption><\/figure>\n<p>Trump went on to blame Fed Chair <strong>Jerome Powell<\/strong> for keeping interest rates elevated. It&#8217;s a familiar refrain from the president, who has called for drastic rate cuts at the central bank to boost the housing market and reduce government borrowing costs.<\/p>\n<p>&#8220;But we\u2019re gonna get interest rates down,&#8221; added Trump. &#8220;But even with interest rates up, the economy is the strongest it\u2019s ever been.&#8221;<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-backlash-over-50-year-mortgage-plan\"><span class=\"ez-toc-section\" id=\"Backlash_over_50-year_mortgage_plan\"><\/span>Backlash over 50-year mortgage plan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Trump&#8217;s proposal for the 50-year mortgage comes as the administration grapples with solutions to the housing affordability crisis, which top officials in the administration say will be a major focus over the coming year.<\/p>\n<p>Recent data showed that the typical age of first-time homebuyers hit an all-time high of 40 this year, up from 33 just five years ago, as soaring costs push many young families out of the market to buy a home.<\/p>\n<p>However, the suggestion of a 50-year mortgage, an idea championed by Trump&#8217;s top mortgage regulator <strong>Bill Pulte<\/strong>, was met with backlash even among Trump&#8217;s staunch supporters.<\/p>\n<p>&#8220;I don\u2019t like 50-year mortgages as the solution to the housing affordability crisis,&#8221; said Rep.\u00a0<strong>Marjorie Taylor Greene<\/strong>, a\u00a0Georgia\u00a0Republican. &#8220;It will ultimately reward the banks, mortgage lenders, and home builders while people pay far more in interest over time and die before they ever pay off their home.&#8221;<\/p>\n<p>Conservative commentator <strong>Matt Walsh <\/strong>also slammed the proposal, saying: \u201cThis just means your house will be owned by the bank until you die, and after. We don&#8217;t need 50-year mortgages.&#8221;<\/p>\n<p>Housing economists are also skeptical of the plan, pointing out that total interest payments on a home would be nearly double or more on a 50-year mortgage, with homeowners building equity at a painfully slow pace.<\/p>\n<p>&#8220;This is not the best way to solve housing affordability,&#8221; says Realtor.com\u00ae Senior Economist <strong>Joel Berner<\/strong>. <\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/na.rdcpix.com\/6bfe419ade64c39fab34e84d40e3dcc8w-c2473635747srd_q80.jpg\" alt=\"\" class=\"wp-image-1088243\" title=\"\"><figcaption><\/figcaption><\/figure>\n<p>Although monthly payments for a 50-year loan might be marginally lower, total interest paid would be much higher. Total principal and interest payments on a $400,000 home would rise to more than $1.1 million under a 50-year mortgage, assuming 10% down and a 6.25% rate.<\/p>\n<p>Berner also notes that interest rates would necessarily be higher for 50-year loans, as lenders demand a term premium that increases with the length of debt. <\/p>\n<p>It&#8217;s unclear just how much higher 50-year rates would be, but if they were 1 percentage point higher than for 30-year loans, there would be no savings on the monthly payments, making the longer repayment period financial suicide.<\/p>\n<p>As well, the economist warns that if 50-year mortgages do increase homebuyer purchasing power as intended, they may well simply drive home prices higher as sellers demand the maximum price that buyers can afford.<\/p>\n<p>&#8220;The &#8216;savings&#8217; from 50-year mortgages may be totally negated by rising home prices,&#8221; says Berner.<\/p>\n<p> National Association of Realtors\u00ae Chief Economist <strong>Lawrence Yun<\/strong> also expressed concerns about the &#8220;significant trade-offs&#8221; that come with a 50-year mortgage.<\/p>\n<p>&#8220;The slow equity build would make trading up or down very difficult,&#8221; he says. &#8220;It would also take almost 40 years to pay off half the balance, meaning most borrowers would not begin building meaningful equity until the final decade.&#8221;<\/p>\n<p>While Trump claims that the 50-year mortgage would mean paying less per month, critics argue that the long-term interest payments would be disastrous for homeowners. In fact, experts warn that total interest payments on a home would be nearly double or more on a 50-year mortgage.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"External_Resources\"><\/span>External Resources<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/developers.google.com\/search\/docs\/essentials\" target=\"_blank\" rel=\"noopener\">Google Search Essentials<\/a> and <a href=\"https:\/\/developer.wordpress.org\/plugins\/\" target=\"_blank\" rel=\"noopener\">WordPress Plugin Handbook<\/a> are useful references for best practices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQ_Trump_Defends_50-Year_Mortgage\"><\/span>FAQ: Trump Defends 50-Year Mortgage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_should_be_planned_first\"><\/span>What should be planned first?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Start with the goal, audience, and deliverables so the final content and media support the same outcome.<\/p>\n<p><strong>Need help implementing this workflow?<\/strong> Contact Miami Real Estate Insights &amp; Market Trends to plan a practical content and media process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump Defends 50-Year Mortgage: Trump&#8217;s 50-Year Mortgage Plan: A Recipe for Financial Disaster? | Brickellsold:: The Dark Side of Trump&#039;s 50-Year Mortgage <\/p>\n","protected":false},"author":1,"featured_media":1751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"7 Proven Trump Defends 50-Year Mortgage Mistakes to Avoid","rank_math_description":"The Dark Side of Trump&#039;s 50-Year Mortgage Plan President Donald Trump has shrugged off criticism from fellow conservatives over his proposed 50-year","rank_math_focus_keyword":"Trump Defends 50-Year Mortgage","rank_math_canonical_url":"https:\/\/www.brickellsold.com\/blog\/trump-defends-50-year-mortgage-plan-as-not-a-big-deal-after-furious-backlash-from-maga-base\/","rank_math_robots":"index,follow","footnotes":""},"categories":[1719],"tags":[],"class_list":["post-1750","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-miami-real-estate"],"_links":{"self":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/1750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/comments?post=1750"}],"version-history":[{"count":3,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/1750\/revisions"}],"predecessor-version":[{"id":4183,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/posts\/1750\/revisions\/4183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/media\/1751"}],"wp:attachment":[{"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/media?parent=1750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/categories?post=1750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brickellsold.com\/blog\/wp-json\/wp\/v2\/tags?post=1750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}