Mortgage charges fell 22 foundation factors after President Donald Trump instructed mortgage giants Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed bonds, or MBS. Analysts predict that $200 billion of MBS purchases might drive a 25 to 50 foundation level drop in mortgage charges. CNBC’s Diana Olick breaks it down.
03:13
Fri, Jan 9 20266:13 PM EST
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