Trump says he wants government to buy $200B in mortgage bonds in a push to bring down mortgage rates
WASHINGTON (AP) — President Donald Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.
Related Articles
Former Rep. Gabby Giffords returns to House floor on 15th anniversary of shooting
UN says the US has ‘legal obligation’ to fund agencies after Trump withdraws from several
House heading toward vote to extend health care subsidies in a rebuke of GOP leadership
Judge blocks Trump administration from purging DEI-related terms from Head Start grant applications
House refuses to override Trump vetoes as Republicans stick with president
Trump and the White House have been trying to show they are responding to voter concerns about affordability ahead of midterm elections in November.
Trump last month said he planned to unveil housing reforms — and on Wednesday he said he wants to block institutional investors from buying houses.
This is a developing story; check back for updates.
More Stories
Trump invests millions in conveyor-belt sushi chain
The US president bought shares in Kura Sushi USA in February, according to his latest financial disclosure, despite rumors that...
Trump shelves AI oversight order
The move reportedly comes after pressure from tech moguls including Elon Musk US President Donald Trump has postponed signing an...
Morrisons to shut 100 convenience stores as supermarket blames Labour’s ‘policy choices’ for rising costs
Morrisons is preparing to pull down the shutters on 100 loss-making convenience stores in a move that places hundreds of...
April borrowing surges to £24.3bn as debt interest bill breaks month record
Higher gilt yields and a £10.3bn debt servicing bill have wiped further fiscal headroom from Rachel Reeves’s plans, leaving the...
Jaguar Land Rover eyes American tie-up with Stellantis to sidestep Trump tariffs
Britain’s biggest car manufacturer has, for the first time in its history, cracked open the door to assembling Range Rovers...
Potters win £120m rescue as government finally backs Britain’s ceramics heartland
After years of quiet desperation in Stoke-on-Trent, the kilns finally have something to celebrate. The government has unveiled a £120...
