Trump tells homebuyers priced out of the market: ‘Wait a little longer’

By Katy O’Donnell | Bloomberg

President Donald Trump said consumers should “wait a little longer” for mortgage rates to drop further, a plea for patience from the electorate as voters show dissatisfaction with his handling of the economy and affordability issues.

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Potential homebuyers should “save a little money, wait a little longer, you’re going to get a mortgage for a very low rate,” Trump said Friday ahead of boarding a flight to Texas.