PANews reported on January 9th that US President Trump announced he would instruct representatives to purchase $200 billion in mortgage-backed securities (MBS) PANews reported on January 9th that US President Trump announced he would instruct representatives to purchase $200 billion in mortgage-backed securities (MBS)
Trump announced a $200 billion purchase of mortgage-backed securities to lower mortgage rates.
PANews reported on January 9th that US President Trump announced he would instruct representatives to purchase $200 billion in mortgage-backed securities (MBS) jointly by Fannie Mae and Freddie Mac, with the goal of lowering mortgage rates and reducing monthly payments. Bill Pulte, president of the Housing Finance Agency, stated that the move does not require congressional approval. Under existing agreements between the two agencies and the US Treasury, each agency can add up to approximately $100 billion in MBS. The current average interest rate for a 30-year fixed mortgage is approximately 6.16%, and the Federal Reserve cut interest rates by a total of 75 basis points last year.
Market Opportunity
OFFICIAL TRUMP Price(TRUMP)
$5.396
$5.396$5.396
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Gold continues to hit new highs. How to invest in gold in the crypto market?
As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12
Exclusive interview with Smokey The Bera, co-founder of Berachain: How the innovative PoL public chain solves the liquidity problem and may be launched in a few months
Recently, PANews interviewed Smokey The Bera, co-founder of Berachain, to unravel the background of the establishment of this anonymous project, Berachain's PoL mechanism, the latest developments, and answered widely concerned topics such as airdrop expectations and new opportunities in the DeFi field.
Share
PANews2024/07/03 13:00
Loopt de Ethereum koers vast onder de $3.150 na een mislukte uitbraakpoging?
De ETH koers liet recent korte prijspieken zien rond de zone net boven de $3.100, maar die bewegingen hielden niet stand. Binnen dezelfde handelsdag zakte de Ethereum
Share
Coinstats2026/01/11 04:16