How Trump’s latest bond-buying plan could influence mortgage rates and affordability

President Trump’s latest housing affordability bet calls for mortgage giants Fannie Mae and Freddie Mac to buy $200 billion of mortgage bonds, a move that aims to help push mortgage rates below 6%. “I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS. This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” Trump posted on Truth Social on Thursday. Read more: When will mortgage rates go down? The trend into 2026. The ...