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.
RSS News
Times of India
0 thoughts on “Buying $200 bn worth of bonds! Trump’s new push to bring ‘mortgage rates down’ — How will it impact Americans?”
Leave a Reply
Your email address will not be published. Required fields are marked *
RECENT NEWS
- 'Protesters are enemies of Allah, will get death penalty', Iran announces big announcement amid protests, will Trump take any action?
- The echo of the protests against Khamenei in Iran reached the Gulf countries, the stir in the GCC increased, what is the fear of Trump?
- UAE’s cloud seeding secret: How salt, AI, drones are used to make it rain in desert
- US Doomsday nuclear plane spotted in Washington: Why is it called the 'flying Pentagon'
- Clavicular accuses Candace Owens’ manager of demanding $30K a month to “PR train” him
