Trump's $200 Billion Mortgage Bond Purchase Aims to Lower Housing Costs

1 min read
Source: Yahoo Finance
Trump's $200 Billion Mortgage Bond Purchase Aims to Lower Housing Costs
Photo: Yahoo Finance
TL;DR

Mortgage rates have been relatively stable but could decrease below 6% if government mortgage agencies buy $200 billion in bonds, with current averages around 6.16% for 30-year fixed mortgages. Experts predict rates will stay near these levels through 2026 and into 2027, with some variation depending on economic factors.

Share this article

Want the full story? Read the original reporting

Read on Yahoo Finance