General Discussion

Yo_Mama_Been_Loggin

(133,176 posts) Fri Jan 9, 2026, 03:56 PM Jan 9

Trump says he wants government to buy $200B in mortgage bonds in a push to bring down mortgage rates

WASHINGTON (AP) — President Donald Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.

Trump and the White House have been trying to show they are responding to voter concerns about affordability ahead of midterm elections in November. Home prices have generally risen faster than incomes because of a persistent construction shortfall, making it harder for renters to buy their first home and for existing owners to upgrade to a new property — a challenge that dates back to Trump’s first term and the recovery from the housing market collapse that triggered the global financial crisis in 2008.

Trump said the two mortgage companies under government conservatorship, Fannie Mae and Freddie Mac, have $200 billion in cash that will be used to make the purchase.

“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” Trump posted on social media.

https://apnews.com/article/trump-housing-mortgage-rates-79294cf8eac1579b17430b4cd0708fcd

11 replies

= new reply since forum marked as read

Highlight:

Trump says he wants government to buy $200B in mortgage bonds in a push to bring down mortgage rates (Original Post) Yo_Mama_Been_Loggin Jan 9 OP

Continuing to drain US assets SheltieLover Jan 9 #1

Loves to spend other people's money roscoeroscoe Jan 9 #2

Where is all this money coming from?.................... Lovie777 Jan 9 #3

Didn't they try that before and it was what the housing market to crash? imanamerican63 Jan 9 #4

fixed rates jonstl08 Jan 9 #5

It doesn't A HERETIC I AM Jan 9 #8

What I did was every now and then send them extra checks For Principal Only GreenWave Jan 9 #9

Did the same jonstl08 Monday #10

Isn't that what the republicans blame the housing bubble on? Blue Full Moon Jan 9 #6

I thought he said "affordablity" was made-up leftstreet Jan 9 #7

If he Rebl2 Monday #11

SheltieLover

(77,009 posts)

1. Continuing to drain US assets

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 9, 2026, 04:03 PM

Jan 9

roscoeroscoe

(1,809 posts)

2. Loves to spend other people's money

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 9, 2026, 04:09 PM

Jan 9

The federal budget is a playground for Mr. Bankruptcy

Lovie777

(21,889 posts)

3. Where is all this money coming from?....................

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 9, 2026, 04:11 PM

Jan 9

shithole is bankrupting the USA.

imanamerican63

(15,906 posts)

4. Didn't they try that before and it was what the housing market to crash?

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 9, 2026, 04:11 PM

Jan 9

jonstl08

(543 posts)

5. fixed rates

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 9, 2026, 04:19 PM

Jan 9

Somebody explain this to me how this benefits someone who has been paying a few years on a fixed rate loan. Would you have to refinance to take advantage of this and thus extend the years your are paying.

A HERETIC I AM

(24,852 posts)

8. It doesn't

Reply to jonstl08 (Reply #5)

Fri Jan 9, 2026, 05:10 PM

Jan 9

And yes, you would have to refinance at a lower rate in order to benefit, but that depends on the individuals credit rating and other factors, obviously. It's not the magic wand he wants everyone to think it is.

Rule #1; Never take financial advice from a shitty businessman

GreenWave

(12,382 posts)

9. What I did was every now and then send them extra checks For Principal Only

Reply to jonstl08 (Reply #5)

Fri Jan 9, 2026, 05:36 PM

Jan 9

These sacrifices paid off big time as I paid off the 30 year fixed in 13 years.
On these fixed rates most of the principal is in the latter years.
The bastids were unable to fleece me out of around $150 k.

jonstl08

(543 posts)

10. Did the same

Reply to GreenWave (Reply #9)

Mon Jan 12, 2026, 10:57 AM

Monday

Doing the same with my 15 yr mortgage On track to pay it off 2 years early

Blue Full Moon

(3,199 posts)

6. Isn't that what the republicans blame the housing bubble on?

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 9, 2026, 04:52 PM

Jan 9

leftstreet

(38,982 posts)

7. I thought he said "affordablity" was made-up

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 9, 2026, 05:02 PM

Jan 9

I'm sure he said it was a FakeNarrativeDemocratConJob

So why is he trying to make things more affordable?

Rebl2

(17,440 posts)

11. If he

Reply to Yo_Mama_Been_Loggin (Original post)

Mon Jan 12, 2026, 11:14 AM

Monday

would forgive college loans, maybe more young people could afford to buy at least a starter house? I think many young people don’t want to buy houses. I have a niece and nephew that have no desire to own a house and it’s not because they can’t afford to.

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