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Economists warn Trump's $200B mortgage move could backfire, lifting home prices
Trump aims to reduce mortgage rates by $200 billion bond purchases through Fannie Mae and Freddie Mac to improve affordability amid a housing slump, economists say results may vary.
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7 Articles
7 Articles
Economists warn Trump's $200B mortgage move could backfire, lifting home prices
President Donald Trump's $200 billion mortgage bond purchase represents a new approach to making homeownership more affordable.The president has announced several proposals to lower mortgage rates without waiting for interest rate cuts from the Federal Reserve.Among them -- directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds. Since his Jan. 8 announcement on Truth Social, mortgage rates have seen a small dip, but econ…
Coverage Details
Total News Sources7
Leaning Left0Leaning Right0Center7Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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