Trump tricked into backing 50-year mortgages, advisers say: President says it’s not ‘a big deal’
President Donald Trump speaks to reporters after Vice President JD Vance swore in U.S. Ambassador to India Sergio Gor in the Oval Office of the White House, Monday, Nov. 10, 2025, in Washington. (AP Photo/Jacquelyn Martin)

President Donald Trump was deceived into backing a plan for 50-year mortgages by a federal housing official who “doesn’t know the first f------ thing about how the mortgage markets operate,” according to an unnamed official quoted in Politico.

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