The Brief

President Trump proposed a 50-year mortgage option, while FHFA Director William Pulte said the administration is exploring portable and assumable mortgages to ease housing challenges.

Portable mortgages let homeowners transfer their existing loan—and rate—to a new home, while assumable mortgages allow buyers to take over a seller’s existing mortgage.

Experts say these ideas could unlock housing mobility but might also raise home prices and disrupt the mortgage-backed securities market.

Most people who take out mortgages go with a 15 or 30-year term. But over the weekend, President Trump floated the idea of introducing a 50-year mortgage option for homebuyers, and William Pulte, the Federal Housing Finance Agency director, said the administration was also actively evaluating a

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