mortgage

President Donald Trump said Thursday that he is instructing “representatives” to buy $200 billion in mortgage bonds, arguing the move would lower interest rates and monthly housing payments.In a Truth Social post, Trump said the directive was possible because Fannie Mae and Freddie Mac have “$200 billion in cash.” He…

The Federal Reserve made its final decision of 2025, cutting interest rates for the third meeting in a row — and it set the tone for where interest rates will go in the new year.The call will have ripple effects across consumer prices, the job market, and Corporate America through…