Trump wants Fannie Mae and Freddie Mac to buy more bonds. Will it lower mortgage rates?

President Trump demanded in a Truth Social post that Fannie Mae and Freddie Mac purchase $200 billion in mortgage bonds, claiming that this move would push down mortgage interest rates. So, this raises the question: Will it actually lower mortgage rates? It already has. Here's what it all means. Fannie Mae, Freddie Mac, and mortgage bonds explained First, some background. Fannie Mae and Freddie Mac are government-sponsored enterprises (GSEs) that back the funding of mortgages issued by private lende ...