President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming that doing so will drive rates and monthly payments down.
Trump, in a Truth Social post, said he was issuing that directive because Fannie Mae and Freddie Mac, the two government-sponsored mortgage-issuing entities, are flush with cash.
It was unclear who Trump is referring to as his representatives. The White House and the Federal Housing Finance Agency did not immediately respond to CNBC’s requests for clarity.
Trump claimed in the post that the move would help restore “affordability,” a word that has become key to Democrats’ political messaging as they accuse the Republican president of failing to address high prices.
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https://www.cnbc.com/2026/01/08/trump-mortgage-bonds-rates-fannie-freddie.html
Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates
byu/_hiddenscout instocks
Posted by _hiddenscout
11 Comments
Manipulating the mortgage market always ends well, like the savings and loan crisis or 2008.
NAIL up 4% right after this post
The “Representatives”?
His buddies long on Housing Stocks.
Old man shouts at cloud that he wants to drive inflation and home prices up farther.
I swear to god every fucking idea this guy has is the stupidest solution you could imagine.
Why not 38T?
Damn employment numbers must be bad
Good luck trying to drive long end rates down
What consequences are there by doing this? Any potential upside?
I am beginning to think that Trump’s economic advisors are still using models they were taught in the 1960s and 1970’s. Fannie and Freddie have cash because fewer folks are financing, especially not first time buyers.
Aren’t he and his family billionaires?
Nice! Sounds good to me.