Federal Housing Finance Agency (FHFA) Director William J. Pulte said President Donald Trump is moving aggressively to drive down borrowing costs, deploying roughly $200 billion from Fannie Mae and Freddie Mac to purchase mortgage bonds — a step he said lowered rates "boom right away."Pulte joined FOX Business' Maria Bartiromo on "Mornings with Maria" to say the administration's actions directly targeted affordability and market confidence.The effort follows a sharp turnaround in mortgage conditions over the past year, with rates now carrying a "five handle" after hovering near 8% previously, a...
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