Topic

Donald Trump

Latest reporting and analysis tagged with Donald Trump.

Page 1 9 stories this page
Mortgage Rates Drop After Trump Orders $200 Billion Bond Purchase

Mortgage Rates Drop After Trump Orders $200 Billion Bond Purchase

U.S. mortgage rates fell sharply after President Trump ordered a $200 billion mortgage bond purchase. The Federal Housing Finance Agency confirmed Fannie Mae and Freddie Mac would execute the buys, with an initial $3 billion purchase reported. The average 30-year fixed rate dropped to 5.99% on Jan. 9. JPMorgan Chase analysts expressed skepticism about the plan's market impact.