Treasury Adviser: Lower Rates Would Boost Housing Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump to boost housing affordability, Joseph Lavorgna, a counselor to U.S. Treasury Secretary Scott Bessent, said Wednesday. Original Source: https://www.newsmax.com/finance/economy/50-year-mortgage-housing-affordability/2025/12/03/id/1236964