Source: Garrison Center
by Thomas L Knapp
“In a graphic posted to Truth Social on November 8, Donald Trump lists himself next to Franklin Delano Roosevelt as one of two ‘great presidents,’ because FDR’s ‘New Deal’ introduced the 30-year home mortgage and Trump, apparently, wants to ‘go large’ on the idea. Federal Housing Finance Agency director Bill Pulte confirmed on X that ‘we are indeed working on The 50 year Mortgage — a complete game changer.’ The Trump/Pulte proposal brings up two questions: First, is a 50-year mortgage a good idea? Second, why on earth does the federal government set mortgage terms?” (11/13/25)