Executive Branch

Trump Dismisses 50-Year Mortgage Concerns: ‘It’s Not Even a Big Deal’

The president says longer loan terms would simply mean smaller payments as his administration develops a plan to expand mortgage options.
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Trump Dismisses 50-Year Mortgage Concerns: ‘It’s Not Even a Big Deal’
Townhouse for sale in Elkridge, Md., on Sept. 27, 2024. Madalina Vasiliu/The Epoch Times
Kimberly Hayek
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President Donald Trump on Monday played down criticism over his plan to introduce 50-year mortgages, telling Fox News host Laura Ingraham, “it’s not even a big deal.”

During an appearance on Fox’s “Ingraham Angle,” Trump fielded questions from Ingraham about a host of issues, including the economy and backlash against a plan to introduce 50-year mortgages.
Kimberly Hayek
Kimberly Hayek
Author
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.