Started By
Message

US mortgage rates sink to 3-year low after Trump’s astonishing $200B order

Posted on 1/19/26 at 8:34 am
Posted by stout
Porte du Lafitte
Member since Sep 2006
180721 posts
Posted on 1/19/26 at 8:34 am
quote:

U.S. mortgage rates have fallen sharply following President Donald Trump’s order to purchase $200 billion in mortgage bonds — a sweeping intervention aimed at lowering borrowing costs and easing the affordability crunch.


The president's latest affordability push sent 15- and 30-year mortgage rates tumbling. But experts say the long-term impact may be limited.


We knew it would be short-term because $200 billion = short-term impact. I even pointed out in the other thread that this was a short-term band-aid until Powell resigns and a new Fed chair who is willing to lower rates faster takes over


It's interesting how people here were wrong about it having any impact at all, though


hawkeye007 who claimed to be a mortgage 'expert' with 21 years of experience called it QE, which it isn't, and also said 'rates are not going down anytime soon'

LINK


LSURussian told us this would do nothing to mortgage rates

LINK

LINK

LINK

LINK



It's almost as if Bessent and others who advise Trump know more than the great posters of TD.com
This post was edited on 1/19/26 at 8:37 am
Posted by lake chuck fan
Vinton
Member since Aug 2011
22208 posts
Posted on 1/19/26 at 8:39 am to
quote:

It's almost as if Bessent and others who advise Trump know more than the great posters of TD.com


Lol... imagine that!
Posted by stout
Porte du Lafitte
Member since Sep 2006
180721 posts
Posted on 1/19/26 at 8:47 am to
Bessent and Marco have been two of the best cabinet members by far. You know he advised Trump on this move and its timing, intended to bridge the gap until Powell is gone. He knew it would work despite what the great users of TD.com said.
Posted by Timeoday
Easter Island
Member since Aug 2020
20229 posts
Posted on 1/19/26 at 8:49 am to


The experts want to sell mortgages now so they push that tried and true tactic of "these rates won't last long"!!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
95981 posts
Posted on 1/19/26 at 8:49 am to
Has LSURussian ever been right about anything
Posted by rtr72
Alabama
Member since Aug 2011
700 posts
Posted on 1/19/26 at 8:51 am to
Winning, MAGA!!! USA! USA!!!


I know that’s racist to say USA!!!
Posted by stout
Porte du Lafitte
Member since Sep 2006
180721 posts
Posted on 1/19/26 at 8:55 am to
quote:

Has LSURussian ever been right about anything


Not only did he say it wouldn't lower rates, but laughed at the notion that it would happen immediately.





Posted by CamdenTiger
Member since Aug 2009
65580 posts
Posted on 1/19/26 at 8:57 am to
Good news, and hope it continues, but looking at the ten year charts, probably won’t last, as it could break out of its reverse head and shoulders. I think it will go down as we start into recession, that seems unavoidable by summer, but Trump’s team is pulling out all the stops to keep things going well through the midterms, and things can reverse with all the stimuli they are injecting
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
95981 posts
Posted on 1/19/26 at 8:57 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
180721 posts
Posted on 1/19/26 at 8:58 am to
quote:

with all the stimuli they are injecting



What stimuli did they inject? This is $200 billion we already had on hand. It is non-inflationary
This post was edited on 1/19/26 at 8:59 am
Posted by loogaroo
Welsh
Member since Dec 2005
40714 posts
Posted on 1/19/26 at 9:01 am to
quote:

Not only did he say it wouldn't lower rates, but laughed at the notion that it would happen immediately.


They are always so wrong on almost everything.
Posted by CamdenTiger
Member since Aug 2009
65580 posts
Posted on 1/19/26 at 9:02 am to
What stimuli did they inject?

All the perks and write-offs from the BBBB will be providing liquidity by then, and I think the Fed could start QE by then if Feb comes in as bad as I anticipate…
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
95981 posts
Posted on 1/19/26 at 9:03 am to
quote:

and I think the Fed could start QE by then


They already started that last month
Posted by stout
Porte du Lafitte
Member since Sep 2006
180721 posts
Posted on 1/19/26 at 9:05 am to
The incentives from the BBB actually reduce the Fed's need to step in too much
This post was edited on 1/19/26 at 9:06 am
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
48764 posts
Posted on 1/19/26 at 9:08 am to
Bessent <= first Treasurey Secy I ever really paid any attention to - and certainly my favorite of all time.

love to watch him slap down the propaganda agents in the media.
Posted by LSURussian
Member since Feb 2005
134153 posts
Posted on 1/19/26 at 9:14 am to
quote:

until Powell resigns and a new Fed chair who is willing to lower rates faster
Faster than 3 rate decreases in 5 months?? With inflation still well over the Fed’s target inflation rate?

I had no idea you craved higher inflation in our economy…

Mortgage rates were already going down when Trump made his socialist commitment to interfere in the bond market. And, your own link says any drop from those bonds being bought will be temporary, which we’ve already seen.

The article you posted touting lower mortgage rates is ten days old. If you were honest you would have acknowledged that average 30 year mortgage rates have gone UP since then, to 6.17%…back to almost where they were when Trump made his announcement.

C’mon, stout, what has happened to you??
Posted by BarnHater
Member since May 2015
8228 posts
Posted on 1/19/26 at 9:15 am to
Young people have zero excuse. It has never been easier to be a home owner. Stop being lazy renters and get off your arse and own a home. It might give you a little perspective on life.
Posted by stout
Porte du Lafitte
Member since Sep 2006
180721 posts
Posted on 1/19/26 at 9:20 am to
The point of this thread still stands. You said it wouldn’t have any impact, yet it did. I even said in the original thread that the effect would be temporary, so that part isn’t surprising, as $200 billion is a drop in the bucket, after all.

The question is simple: did it, or did it not, have an impact?
Posted by MasterDigger
Member since Nov 2019
2810 posts
Posted on 1/19/26 at 9:20 am to
quote:

I had no idea you craved higher inflation in our economy…
Deflection from the "rates going down" discussion...

quote:

rates were already going down
Excuses as to you being wrong...

quote:

any drop from those bonds being bought will be temporary,
More excuses as to why you were wrong; but now saying that you were right because they'll only be temporary...which you didn't say before.

quote:

average 30 year mortgage rates have gone UP since then
So which is it??? Arguing in circles like a salesman.

Posted by CamdenTiger
Member since Aug 2009
65580 posts
Posted on 1/19/26 at 9:25 am to
quote:

The incentives from the BBB actually reduce the Fed's need to step in too much


Agree, and the Fed doesn’t factor in mortgage rates, they only control the short end, the only reason Trump wants the Fed to cut is so they can refinance the debt on that end( not good), but it gives the government some breathing room.
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram