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President Donald Trump said Thursday that the federal government will purchase $200 billion in mortgage bonds in an effort to lower interest rates and reduce monthly housing payments.
The president announced the plan in a social media post, arguing that the move would make homeownership more affordable as housing costs continue to rise nationwide. He pointed to the financial position of Fannie Mae and Freddie Mac, two government-created entities that support the U.S. housing market.
“Biden ignored the Housing Market, and instead was immersed with High Crime, Open Borders, runaway INFLATION, the Afghanistan Disaster, and a Military that he left in Chaos and Confusion. Everything was broken, but I, as President of the United States, have already fixed it! Now, I am giving special attention to the Housing Market,” President Trump wrote on Truth Social.
“Because I chose not to sell Fannie Mae and Freddie Mac in my First Term, a truly great decision, and against the advice of the ‘experts,’ it is now worth many times that amount — AN ABSOLUTE FORTUNE — and has $200 BILLION DOLLARS IN CASH,” he continued.
President Trump stated that his goal is to make home costs more affordable for working Americans.
“Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS. This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable. It is one of my many steps in restoring Affordability, something that the Biden Administration absolutely destroyed. We are bringing back the AMERICAN DREAM that was destroyed by the last Administration. MAKE AMERICA GREAT AGAIN!” he concluded.
The announcement follows a series of comments from the president in recent days outlining potential steps to address rising housing costs. Home prices and borrowing expenses have climbed sharply over the past several decades, placing increased pressure on first-time buyers.
New data from the National Association of Realtors highlights the growing affordability challenge. According to a November 2025 report, the median age of a first-time homebuyer reached 40, the highest level ever recorded. That figure rose from 38 the previous year.
The median age of all homebuyers climbed to 59 in 2025, up from 56 in 2024. Repeat buyers also trended older, with the median age increasing to 62 from 61.
