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Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds

By CNBC | 1 min read

Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds

President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.

# Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. **Read the full article:** [CNBC](https://www.cnbc.com/2026/01/09/heres-whats-happening-now-with-mortgage-rates-.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*