Trump orders fannie/fredde to buy mortgage bonds - rates dropping
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Anonymous
You are an idiot |
Anonymous
+10000000000000 Trump is lying again |
Anonymous
| Oh goodie MAGA morons are out today |
Anonymous
Rates under 5 would pop my buying power enough that I would move. |
Anonymous
You can not be this dumb. Trump is not KING! |
Anonymous
Not sure what your problem is. Guess you don't need to re-fi at a lower rate. Congrats. |
Anonymous
His son Barron is planning on marrying Princess of Denmark which will make him Kong |
Anonymous
The economic data is no longer reliable and cannot be trusted. After they fired the BLS employee for publishing an unfavorable job report there is zero credibility for economic data from gov. |
Anonymous
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OP - here's a WaPo article for today saying basically the same thing I did:
https://www.washingtonpost.com/business/2026/01/11/mortgage-lock-in-effect/ So all the strangely rude people on this forum can apologize. |
Anonymous
Again you are an idiot. Trump is not doing this he does not have the power to do this. Screw off MAGA cult of stupids. |
Anonymous
No, Barron Trump is not marrying a princess; rumors of him marrying Denmark's Princess Isabella are a viral internet joke originating from satire posts suggesting such a union as a "diplomatic solution" for the U.S. to acquire Greenland as a dowry, with no official basis in reality, note fact-checking sites like Snopes and entertainment news outlets confirming it's a hoax. The joke gained traction amid geopolitical discussions about Greenland, but both Barron Trump and Princess Isabella are single, with the latter being second in line to the Danish throne. This video explains the origin of the rumor and the public's reaction to it: Related video thumbnail 00:41 Origin of the rumor: A satirical account suggested a marriage between Barron Trump and Princess Isabella of Denmark to resolve tensions over Greenland, which is an autonomous Danish territory. Viral spread: The idea spread on social media, with users joking about it as a modern-day dowry, but it's a fantasy, not a real engagement, as confirmed by Yahoo and NDTV. Reality: There is no official announcement, and both individuals remain single, according to reports from Hindustan Times and MSN. Proposal For Barron Trump To Marry Danish Princess Goes ... No one is marrying that creeper but a white christian MAGA stupid. |
Anonymous
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The president wrote that he plans to get Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds so mortgage rates will drop and homebuyers will save on monthly payments. Fannie Mae and Freddie Mac are government-backed companies that buy mortgages from lenders to free up lenders’ cash to offer home loans.
This is a grift just like everything else he says and does. t’s an important point as an individual’s ability to get a low rate isn’t solely based on the mortgage bond market. A wide range of factors, including credit history, credit scores, income, and debt-to-income ratio, influence rates that consumers are offered and whether they’re approved for a mortgage, according to the Consumer Financial Protection Bureau. The problem here is they are not lowering [the] risk of the marketplace or the debtor, so the new loans issued by banks may not have lower rates in the long term, as the risk profile [of the consumer] has not changed,” Cooke said. Come on down MAGA idiots and listen to your godly idol Trump while he steals everything you ever worked for. |
Anonymous
| We have 2.375%. I would love to move, but it’s going to take a huge drop before that would be worthwhile. |
Anonymous
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Politics aside, we’re seeing offers to refinance for low 5s. One of the agents I listen to on YouTube in this area said he’s seeing buyers get mortgages around 5.75% this week for new purchases.
Not bad… |
Anonymous
| so for people like me who have to refinance for in the next 2 yrs, when should I do it? Wait until the summer? |