The Times of India

Buying $200 bn worth of bonds! Trumps new push to bring mortgage rates down How will it impact Americans?

US President Donald Trump plans a $200 billion federal purchase of mortgage bonds to lower rates and ease housing affordability concerns. Funds from Fannie Mae and Freddie Mac will be used, aiming to reduce monthly payments. This move comes ahead of midterm elections, though experts question its effectiveness against deeper market issues.