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
Getting to know you: Emily Harrison, founder, Nexus HE
Emily Harrison founded Nexus Healthcare Education in January 2024 to turn complex science, emerging evidence and clinical guidelines into education...
Getting to know you: Tim Morris, co-founder and CEO, Spotless Water
Tim Morris is co-founder and CEO of Spotless Water, the Frimley-based company behind a network of 177 self-service pure water...
Nicola Sturgeon to teach women leadership under pressure
Nicola Sturgeon, the former First Minister of Scotland, is to teach women how to lead under pressure in a full-day...
Getting to know you: Nick Mann, founder, Habitat Aid
Nick Mann is the founder of Habitat Aid, the Somerset business that supplies native British plants, trees and seeds to...
Trump ‘very seriously’ mulling diesel export ban
A US cutoff could hit Europe hard as Russian and Middle Eastern supplies remain disrupted The White House is still...
Getting to know you: Matthew Drew, managing partner, Goughs Solicitors
Matthew Drew is managing partner of Goughs Solicitors, the firm founded in Calne in 1882 that now runs seven offices...
