Trump Administration Proposes Mortgage Bond Purchases to Lower Housing Costs
8 hours agoBusiness
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1 SourcesDavos, Switzerland
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Trump Administration Proposes Mortgage Bond Purchases to Lower Housing Costs

President Trump's administration has proposed buying mortgage bonds to lower housing costs and make homeownership more affordable. This move has already led to a drop in fixed 30-year mortgage rates below 6%, potentially benefiting buyers and homeowners. However, analysts caution that increased demand without a corresponding rise in housing supply could lead to a significant increase in home prices, potentially backfiring on affordability goals.

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