Trump Orders $200 Billion Fannie Mae and Freddie Mac MBS Plan to Cut U.S. Mortgage Costs

President Donald Trump has announced a $200 billion mortgage-backed securities purchase program through Fannie Mae and Freddie Mac, intended to push U.S. mortgage rates lower and ease housing affordability pressures. The move, framed as a large-scale market intervention using existing executive authority, has drawn comparisons to quantitative easing and is expected to influence mortgage costs, housing dynamics, and broader financial conditions.