Trump signs executive order geared at lowering housing, mortgage costs
- President Trump on Thursday signed an executive order aimed at lowering mortgage payments, as elevated borrowing costs have stifled the housing market.
- Trump’s order directs Federal Housing Finance Agency (FHFA) Director Bill Pulte to create a pilot program to cancel insurance premiums for government-backed mortgages once a borrower has satisfied equity requirements.
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- President Trump on Thursday signed an executive order aimed at lowering mortgage payments, as elevated borrowing costs have stifled the housing market.
- Trump’s order directs Federal Housing Finance Agency (FHFA) Director Bill Pulte to create a pilot program to cancel insurance premiums for government-backed mortgages once a borrower has satisfied equity requirements.
Sources: The Hill