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