US President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House in Washington, DC, US, on Friday, Dec. 12, 2025.
Francis Chung | Politico | Bloomberg | Getty Images
President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming that doing so will drive rates and monthly payments down.
Trump, in a Truth Social post, said he was issuing that directive because the value of Fannie Mae and Freddie Mac, the two government-sponsored mortgage-issuing entities, are flush with cash.
It was unclear who Trump is referring to as his representatives. The White House did not immediately respond to CNBC’s request for clarity.
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