Overview
- At a Jan. 29 Cabinet meeting, the president said he wants to “drive housing prices up” to protect existing homeowners’ wealth while making buying easier through lower rates.
- The administration has directed about $200 billion in mortgage‑backed securities purchases via Fannie Mae and Freddie Mac to help nudge borrowing costs lower.
- An executive order seeks to restrict large institutional purchases of single‑family homes, with implementation details to follow through guidance and potential legislation.
- Economists warn that easing rates without materially increasing housing supply could lift demand and push prices higher, offsetting affordability gains.
- On Jan. 30, Trump named former Fed governor Kevin Warsh as his nominee for Federal Reserve chair, signaling continued pressure for lower interest rates.