All articles tagged with #mortgage bonds
Originally Published 2 days ago — by Bloomberg.com
President Trump ordered Fannie Mae and Freddie Mac to buy $200 billion of mortgage bonds, marking a significant assertion of executive power in financial markets and potentially influencing mortgage rates, while raising concerns about political interference in traditionally independent monetary policy.
Originally Published 2 days ago — by MarketWatch
Mortgage rates dropped below 6% for the first time in nearly two years after a Trump proposal to buy $200 billion in mortgage bonds, which increased bond prices and lowered yields, potentially boosting the housing market and refinancing activity.
Originally Published 2 days ago — by CNBC
Mortgage rates have dropped to their lowest in nearly three years following President Trump's directive for Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds, which is expected to lower rates by 25-50 basis points and potentially boost homebuyer affordability and demand.
Originally Published 3 days ago — by AP News
President Donald Trump announced plans for the federal government to buy $200 billion in mortgage bonds to help lower mortgage rates and improve home affordability, using cash from Fannie Mae and Freddie Mac, amid ongoing concerns about rising home prices and limited housing inventory.
Originally Published 3 days ago — by CNN
President Trump announced via social media that he has instructed his representatives to purchase $200 billion in mortgage bonds to lower interest rates and make homeownership more affordable, leveraging the financial strength of Fannie Mae and Freddie Mac, though the specifics of the implementation remain unclear.