Trump proposes policies for home affordability
2:22
Trump proposes policies for home affordability
1 month ago
CBS NewsMegan Cerullo
President Donald Trump said he has instructed officials to move forward with purchasing $200 billion worth of mortgage-backed securities in an effort to lower mortgage rates, describing the plan in a social media post on Thursday as part of his broader housing strategy. Trump said the money would be used to buy mortgage bonds issued by Fannie Mae and Freddie Mac, claiming the move would ease borrowing costs and make homeownership more attainable. He added that the funding is available because hi
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President Donald Trump said he has instructed officials to move forwar…
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Trump announces $200 billion purchase in mortgage bonds to lower housing costs
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