Trump's $200 Billion Plan Lower Mortgage Rates, Explained

President Donald Trump this week has zeroed in on an issue that's at the heart of America's affordability crisis: housing costs. But it's not clear if his latest proposal, which involves instructing his "representatives" to purchase $200 billion in mortgage-backed securities, will move the needle for the housing market in the long run, economists and analysts told Business Insider.The mortgage-bond purchasing plan, which Trump announced on Truth Social Thursday night, is a lot to grapple with for people un ...