By Brett Rowland | The Center Square
(Worthy News) – President Donald Trump said Thursday afternoon that the federal government will buy $200 billion in mortgage bonds to bring down interest rates and monthly payments.
In recent days, the U.S. president has floated a number of ideas to bring down housing costs. He said in a social media post Thursday that Fannie Mae and Freddie Mac, government-created entities designed to help the U.S. housing market, are worth “a fortune” and have about $200 billion in cash.
“Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS,” Trump wrote in the Truth Social post. “This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable.”
Housing has grown increasingly expensive in recent decades.
The median age for a first-time home buyer recently hit 40, a record high, according to a November 2025 report from the National Association of Realtors.
The median buyer age increased to a peak of 59 years in 2025, up from 56 the previous year. The median age of first-time buyers increased to 40 this year from 38 the previous year, while the typical age of repeat buyers also rose to 62 from 61.
First-time homebuyers decreased to 21% of the market share, down from 24% last year. That marks the lowest share since NAR began collecting the data in 1981. Before the Great Recession, the historical norm was 40%. The report noted the division in the housing market.
The Treasury Department has bought mortgage bonds in the past, including during the housing crisis of 2008 and 2009.
Copyright 1999-2026 Worthy News. This article was originally published on Worthy News and was reproduced with permission.
The following code is how the above article is generated with the Worthy Suite WordPress Plugin.
[worthy_plugins_news_story_body]This is how you display a story with an image.
Trump Orders $200 Billion Mortgage Bond Buy To Lower Rates
By Brett Rowland | The Center Square
(Worthy News) – President Donald Trump said Thursday afternoon that the federal government will buy $200 billion in mortgage bonds to bring down interest rates and monthly payments.
In recent days, the U.S. president has floated a number of ideas to bring down housing costs. He said in a social media post Thursday that Fannie Mae and Freddie Mac, government-created entities designed to help the U.S. housing market, are worth “a fortune” and have about $200 billion in cash.
“Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS,” Trump wrote in the Truth Social post. “This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable.”
Housing has grown increasingly expensive in recent decades.
The median age for a first-time home buyer recently hit 40, a record high, according to a November 2025 report from the National Association of Realtors.
The median buyer age increased to a peak of 59 years in 2025, up from 56 the previous year. The median age of first-time buyers increased to 40 this year from 38 the previous year, while the typical age of repeat buyers also rose to 62 from 61.
First-time homebuyers decreased to 21% of the market share, down from 24% last year. That marks the lowest share since NAR began collecting the data in 1981. Before the Great Recession, the historical norm was 40%. The report noted the division in the housing market.
The Treasury Department has bought mortgage bonds in the past, including during the housing crisis of 2008 and 2009.
Copyright 1999-2026 Worthy News. This article was originally published on Worthy News and was reproduced with permission.
[worthy_plugins_news_story_title]
<div style="text-align:right; padding:0px 0px 10px 15px; float:right; width:300px;"><img src="[worthy_plugins_news_story_image name=sm_medium]" alt="" /></div>[worthy_plugins_news_story_body]