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President Donald Trump said he is directing representatives to buy $200 billion in mortgage bonds to drive down rates, blaming former President Joe Biden for what he called a broken economy marked by inflation, crime and an "American Dream" he says his administration is restoring.The comments came in a social media post Thursday in which Trump leveled a broader critique of the Biden-era economy while highlighting past decisions he said […]

"Builder-in-chief" President Donald Trump is bringing the housing market back to life, U.S. Federal Housing Finance Agency Director Bill Pulte told "Making Money" on Thursday.Trump announced Wednesday that he plans to ban institutional investors from purchasing single-family homes."I'm very confident we can resuscitate the housing market, but it's dead after what Joe Biden did," Pulte told FOX Business anchor Cheryl Casone.TRUMP ANNOUNCES PLANS TO BAN INSTITUTIONAL INVESTORS FROM BUYING SINGLE-FAMILY […]

President Donald Trump on Wednesday called for increasing next year's defense budget to $1.5 trillion, up from his prior proposal of $1 trillion which a budget watchdog is warning would add trillions to the national debt.Trump said in a post on his Truth Social platform that, after discussions with lawmakers and administration officials, he determined that "in these very troubled and dangerous times, our Military Budget for the year 2027 should […]

Fewer Americans are applying for mortgages despite lower rates — even as lending standards tighten — signaling that high prices and financial pressures are outweighing modest rate relief.For the week ending Jan. 2, mortgage applications fell 9.7% from two weeks earlier — a steep drop marking a new low to close out 2025 — according to the Mortgage Bankers Association’s (MBA) latest Weekly Mortgage Applications Survey. That’s a roughly 10% […]