El presidente Trump ordena la compra de bonos hipotecarios por 200 mil millones de dólares para reducir las tasas

"...Trump heaped criticism on the administration of his predecessor, Joe Biden, claiming that he had "ignored the Housing Market" amid a slew of other policy failures...."

"..."Everything was broken, but I, as President of the United States, have already fixed it!" Trump declared. "Now, I am giving special attention to the Housing Market."..."

"..."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 wrote...."

"..."Because of this, I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS."..."

"...It was not clear from Trump's post whether it would be Fannie and Freddie, the Treasury Department or another entity doing the buying...."

"...The Federal Reserve in the past has purchased mortgage bonds in an effort to lower rates, as part of the monetary policy known as "quantitative easing." But the executive branch cannot order the independent central bank to initiate those transactions...."

"...The Treasury has purchased mortgage bonds in the past during times of extreme turmoil, such as the housing crisis of 2008 and 2009...."

"...It was also not clear whether this buying would have any impact on mortgage rates. The Fed's quantitative easing typically involves buying multiple types of securities, with larger amounts done in Treasuries in order to lower long-term Treasury rates...."

"...Mortgage rates typically follow the lead of long-term Treasury rates, rather than mortgage bond yields...."

"...The 10-year Treasury yield ticked slightly lower after hours amid Trump's comments...."