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…

As mortgage rates stay stubbornly high, President Donald Trump and his administration have floated a few ideas to help buyers afford a mortgage.Most notably, the president said he’s considering 50-year mortgages. Bill Pulte, head of the Federal Housing Finance Agency, said his team is also exploring ways buyers can lock…