Listeners:
Top listeners:
-
play_arrow
Trump Orders $200 Billion Mortgage Bond Buy To Lower Rates
By Brett Rowland | The Center Square
(Worthy News) – President Donald Trump said Thursday afternoon that the federal government will buy $200 billion in mortgage bonds to bring down interest rates and monthly payments.
In recent days, the U.S. president has floated a number of ideas to bring down housing costs. He said in a social media post Thursday that Fannie Mae and Freddie Mac, government-created entities designed to help the U.S. housing market, are worth “a fortune” and have about $200 billion in cash.
“Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS,” Trump wrote in the Truth Social post. “This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable.”
Housing has grown increasingly expensive in recent decades.
The median age for a first-time home buyer recently hit 40, a record high, according to a November 2025 report from the National Association of Realtors.
The median buyer age increased to a peak of 59 years in 2025, up from 56 the previous year. The median age of first-time buyers increased to 40 this year from 38 the previous year, while the typical age of repeat buyers also rose to 62 from 61.
First-time homebuyers decreased to 21% of the market share, down from 24% last year. That marks the lowest share since NAR began collecting the data in 1981. Before the Great Recession, the historical norm was 40%. The report noted the division in the housing market.
The Treasury Department has bought mortgage bonds in the past, including during the housing crisis of 2008 and 2009.
Copyright 1999-2026 Worthy News. This article was originally published on Worthy News and was reproduced with permission.
Latest News from Worthy News
Israeli President Isaac Herzog has met victims’ families and survivors of Australia’s worst-ever terrorist and antisemitic attack that killed more than a dozen people, amid mounting tensions between the two nations.
Efforts to dismantle Hamas’ military infrastructure in Gaza are moving forward according to plan, despite tensions surrounding the ceasefire, a senior official involved in U.S. President Donald Trump’s Board of Peace initiative told Ynet in an exclusive report Wednesday.
As diplomatic talks continue between Washington and Tehran, new reports from inside Iran describe intensifying repression and widespread fear among ordinary citizens.
U.S. President Donald Trump met privately with Israeli Prime Minister Benjamin Netanyahu at the White House for nearly three hours Wednesday, with both leaders confirming that negotiations with Iran remain ongoing but no final agreement has been reached.
The Pentagon has instructed a second aircraft carrier strike group to prepare for potential deployment to the Middle East as the United States increases military readiness in response to rising tensions with Iran, according to The Wall Street Journal.
Authorities in the U.S. state of Arizona detained a suspect Tuesday in connection with the reported abduction of Nancy Guthrie, the 84-year-old mother of American television host Savannah Guthrie, as the high-profile investigation entered its ninth day.
Nine people were killed Tuesday in a mass shooting in the western Canadian province of British Columbia, and at least 27 others were injured, authorities confirmed late Tuesday, marking one of the deadliest attacks in Canada in recent years.
WHO WE ARE
The Psalms, hymns, and spiritual songs encapsulate the beauty, wisdom, and eternal truths found in the Bible, creating an immersive experience that resonates with believers and seekers alike.
CONTACT
- +1 908 280-4246
- Essex County, USA
- info@tnjrfm.com