Here’s one way to get lower mortgage rates as Trump mulls declaring a national housing emergency
1. Trump administration may declare a housing emergency due to high mortgage costs. 2. Fed could decrease mortgage rates significantly by reinvesting mortgage bonds. 3. High home prices and student debt create barriers for first-time buyers. 4. Past Fed actions led to surging home prices with lower mortgage rates. 5. Future recession risks could lead to increased foreclosures among new homeowners.