Trump’s 50-Year Mortgage Loses Steam as Industry Questions Costs

Homes in Crockett, California.

Photographer: David Paul Morris/Bloomberg

Days after Donald Trump’s party lost several key election contests that centered on cost-of-living concerns, the president floated the prospect of a 50-year mortgage to help voters tackle one of their top concerns: housing affordability.

“All it means is you pay less per month,” Trump said in an interview that aired on Monday.