Trump orders ‘my representatives’ to buy $200 billion in mortgage bonds to lower rates

By Ramishah Maruf, Elisabeth Buchwald, CNN (CNN) — President Donald Trump said Thursday he had ordered “my representatives” to buy $200 billion in mortgage bonds in an attempt to drive down interest rates and monthly payments, writing in a Truth Social post. Fannie Mae and Freddie Mac, two government-owned mortgage giants, are now worth “an