Log inGet Started

Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds - CNBC

AI Summary1 min read

TL;DR

President Trump has directed Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, aiming to lower housing costs and influence mortgage rates. This move is part of his push for housing affordability and has prompted market reactions.

  1. Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds  CNBC
  2. Pulte backs away from 50-year mortgage  Politico
  3. Trump orders ‘my representatives’ to buy $200 billion in mortgage bonds in effort to lower housing costs  CNN
  4. Trump Calls on Fannie and Freddie to Buy $200 Billion in Mortgage Bonds - WSJ  The Wall Street Journal
  5. Rates Plummet to 3 Year Lows, But There Are Caveats  Mortgage News Daily

Visit Website