President Donald Trump on Thursday called for the purchase of $200 billion in mortgage bonds in an effort to decrease home loan costs. Trump wrote in a post on Truth Social he is “instructing [his] Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS,

President Donald Trump says 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 hom

President Trump says 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.

Trump said Thursday that he is instructing "representatives" to buy $200 billion in mortgage bonds, aiming to lower interest rates and monthly payments.

In an effort to slow the affordability crisis happening in the United States, President Donald Trump wants to ban Wall Street investors from buying single-family homes. The president revealed a plan to reduce the number of corporations owning homes in the U.

Donald Trump has said he would launch a $200bn mortgage bond-buying programme in an attempt to lower mortgage rates, as the US president seeks to tackle an affordability crisis that has weighed on his popularity.

US President Donald Trump is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, a move he cast as his latest effort to bring down housing costs ahead of the November midterm election.

President Trump said in a post on Truth Social on Thursday that the government would buy $200 billion in mortgage bonds in an effort to reduce housing costs. Why it matters: The directive is one of a series of steps that Trump has recently announced to address the affordability concerns of voters.