特朗普指示“美国两房”购买2000亿美元MBS 力促房贷利率下降

Core Viewpoint - President Trump's directive for Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed securities (MBS) is aimed at reducing housing costs ahead of the midterm elections, with the expectation that this will lower mortgage rates and monthly payments for homeowners [1] Group 1: Impact on Mortgage Rates - The increase in demand for MBS is expected to narrow risk premiums, which could lead to a decrease in mortgage rates by at least 0.25 percentage points [2] - Fannie Mae and Freddie Mac's bond and loan portfolio has grown by over 25% in the last five months, indicating their increasing involvement in the mortgage market [1] - The average 30-year mortgage rate was reported at 6.16%, close to its lowest level since October 2024, suggesting a potential for further declines if the bond purchase is executed [2] Group 2: Political Context and Strategy - Trump's announcement comes as part of a broader strategy to address rising living costs, which have become a political burden for the Republican Party ahead of the elections [3] - The combination of the bond purchase plan and a ban on institutional investors buying single-family homes is seen as a coordinated effort to enhance housing affordability [3] Group 3: Future Considerations - The decision on whether to proceed with the IPO of Fannie Mae and Freddie Mac will be made within the next couple of months, but the bond purchase plan may indicate that such IPO plans are currently on hold [4] - Trump's previous decision to keep these government-sponsored enterprises (GSEs) from going public is viewed as a strategy to utilize them for addressing housing affordability issues [4]