Trump's Bold Steps to Make Homes Cheaper

Bill Pulte, a key figure in housing, recently shared some big news. He said President Donald Trump is taking strong steps to lower home prices and mortgage rates. Pulte believes these moves could make a huge difference for people who want to buy a home. Pulte talked about two main actions Trump is taking. First, Trump is stopping big companies from buying up single-family homes. This is important because these companies have been driving up prices, making it hard for regular people to afford homes.The second action is about Fannie Mae and Freddie Mac. Trump has told them to buy a lot of mortgage-backed securities. This has already started to lower mortgage rates. Pulte said rates have dropped quickly, which is great news for buyers. Pulte thinks these changes are a big deal. He said mortgage rates were almost 8% under the previous administration. Now, they are around 5. 875%, which is much better. He expects more announcements soon, maybe even tied to Trump's appearance at the World Economic Forum in Davos. Pulte's comments show that Trump is using his power to make housing more affordable. This could be a game-changer for many people who have been struggling to buy homes.