How Trump’s $200 billion mortgage bond-buying move could reshape housing market and what it means for mortgage rates
Trump mortgage bond plan: President Trump is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, aiming to lower mortgage rates below 6%. This move seeks to reduce monthly payments and make homeownership more affordable by narrowing mortgage spreads. While seen as a positive first step, experts caution it won't solve the broader housing affordability crisis alone.