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Podcast: Rants & Gems Real Estate Podcast
Episode: Rants and Gems #165 Trump Says $200 BILLION Will Drop Mortgage Rates-Hereβs the Truth
Description: Trump says he wants to buy $200 BILLION in mortgage bonds to drive mortgage rates down. Sounds bold β but does it actually work?In this live breakdown, I separate headlines from reality and explain how mortgage rates really move.We cover: β’ Can a President actually direct mortgage bond buying? β’ Who controls mortgage rates vs who gets blamed β’ How Mortgage-Backed Securities (MBS) actually affect rates β’ What Fannie Mae and Freddie Mac can β and cannot β do β’ Whether MBS buying really lowers monthly payments β’ What the Federal Reserv...