President Donald Trump’s suggestion for Fannie Mae and Freddie Mac to buy mortgage bonds to lower home loan costs is met with skepticism, as experts believe it won’t help struggling Americans and could harm financial markets. This move follows Trump’s directive for “$200 billion” in mortgage bonds on Truth Social, raising concerns about the administration’s handling of financial markets. Housing experts note that the root cause of unaffordable homes is a lack of supply, not financing costs. Despite the potential benefits to borrowers, concerns arise over the impact on market stability and the independence of the Federal Reserve.

Read more at Yahoo Finance: Trump wants to buy mortgage bonds. Why experts are puzzled.