Trump Bets on Housing Push as Affordability Improves
TL;DR Summary
President Trump touts early gains in housing affordability as mortgage rates fall and existing home sales rebound, with supporting income growth. He also signals further relief by directing Fannie Mae and Freddie Mac to buy $200 billion in mortgage-backed securities and by curbing large institutional investors’ single-family purchases, while pledging to cut red tape and boost supply to restore the dream of homeownership.
Topics:business#existing-home-sales#housing-affordability#housing-policy#mortgage-rates#politics#trump-administration
- As President Trump Tackles Housing Affordability, Progress Emerges — and More Relief Is on the Horizon The White House (.gov)
- Trump's new push for lower rates Axios
- 4 ways Trump wants to make America more affordable. Will they work? CNN
- Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs The New York Times
- Trump runs into limits of presidential power on lowering prices Reuters
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