Trump orders the purchase of $200 billion in mortgage-backed securities

DeepFlowTech · 2026-01-09T01:06:29+00:00

Trump announces plans to purchase $200 billion in housing mortgage-backed securities to lower housing costs and interest rates, boosting the homebuying market. He stated that this move is aimed at providing support ahead of the November midterm elections.

DeepFlowTech

2026-01-09 01:06:29

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Deep Tide TechFlow News, January 9 — According to Jinshi Data, U.S. President Trump announced that he is ordering the purchase of $200 billion in housing mortgage-backed securities. He views this move as the latest effort to lower housing costs ahead of the November midterm elections. Trump announced this move on social media on Thursday local time, but his post did not specify how these purchases would be carried out or who would execute them. Trump stated, “I have directed my representatives to purchase $200 billion in mortgage bonds. This will lead to lower mortgage rates, reduced monthly payments, and more affordable homeownership costs.” He added that during his first term, he decided not to sell Fannie Mae and Freddie Mac, allowing these two agencies to accumulate “$200 billion in cash,” and that his announcement was “based on this reason.”

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