URGENT: Trump Unveils 50-Year Mortgage Plan, Markets Reel in Shock.

Breaking News: Trump Unveils 50-Year Mortgage Plan, Markets Reel in Shock President Trump has unveiled a proposal to offer 50-year mortgages to homebuyers, with the federal government backing the extended loan term. This move is sparking widespread market reaction and intense debate. The 50-year mortgage option would allow homebuyers to spread their payments over a longer period, potentially making homes more affordable. However, critics argue that this plan could benefit banks more than buyers, and prolong the time it takes for Americans to own a home outright. According to Federal Housing Finance Agency Director Bill Pulte, the 50-year mortgage option is "a complete game changer" that could help more prospective buyers get into a home they might not otherwise afford. Trump has dismissed criticism from some of his supporters, saying the proposal is not a giveaway to banks and would simply allow buyers to pay less per month over a longer period. The proposal is being floated at a time when the housing market is already experiencing significant fluctuations. As the market reacts to this surprise announcement, investors are closely watching the situation to see how it will unfold. This is a developing story, and we will provide updates as more information becomes available.