"President Donald Trump said that having Fannie Mae and Freddie Mac purchase $200 billion in mortgage bonds would drive mortgage rates and monthly payments down as the administration works on
Trump wrote on Truth Social:
"I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS. This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable. It is one of my many steps in restoring Affordability, something that the Biden Administration absolutely destroyed. We are bringing back the AMERICAN DREAM that was destroyed by the last Administration. MAKE AMERICA GREAT AGAIN!"
The 47th president wrote that his decision during his first term in office not to sell the companies allowed them to amass $200 billion." Breitbart
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