Trump instructs 'representatives' to buy $200 billion in mortgage bonds, aiming to lower rates [View all]

Source: CNBC

Published Thu, Jan 8 2026 4:37 PM EST Updated 13 Min Ago


President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming that doing so will drive rates and monthly payments down.

Trump, in a Truth Social post, said he was issuing that directive because Fannie Mae and Freddie Mac, the two government-sponsored mortgage-issuing entities, are flush with cash. It was unclear who Trump is referring to as his representatives. The White House and the Federal Housing Finance Agency did not immediately respond to CNBC’s requests for clarity.

Trump claimed in the post that the move would help restore “affordability,” a word that has become key to Democrats’ political messaging as they accuse the Republican president of failing to address high prices.

The president heaped criticism on the administration of his predecessor, Joe Biden, claiming that he had “ignored the Housing Market” amid a slew of other policy failures.

Read more: https://www.cnbc.com/2026/01/08/trump-mortgage-bonds-rates-fannie-freddie.html