Housing market affordability is so strained that Trump directs Fannie and Freddie to buy $200B mortgage bonds

President Donald Trump’s latest directive asks Fannie Mae and Freddie Mac to purchase an additional $200 billion in mortgage bonds, aiming to compress the “mortgage spread” and drive rates down. Market watchers say this could ease the affordability crisis while bringing the government-sponsored enterprises close to their legal limit on retained mortgage holdings.

Housing market affordability is so strained that Trump directs Fannie and Freddie to buy $200B mortgage bonds