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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 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 on 1/19/26 at 8:39 am to stout
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 on 1/19/26 at 8:47 am to lake chuck fan
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 on 1/19/26 at 8:49 am to stout
The experts want to sell mortgages now so they push that tried and true tactic of "these rates won't last long"!!
Posted on 1/19/26 at 8:49 am to stout
Has LSURussian ever been right about anything 
Posted on 1/19/26 at 8:51 am to stout
Winning, MAGA!!! USA! USA!!!
I know that’s racist to say USA!!!
I know that’s racist to say USA!!!
Posted on 1/19/26 at 8:55 am to SDVTiger
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 on 1/19/26 at 8:57 am to rtr72
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 on 1/19/26 at 8:58 am to CamdenTiger
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 on 1/19/26 at 9:01 am to stout
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 on 1/19/26 at 9:02 am to stout
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…
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 on 1/19/26 at 9:03 am to CamdenTiger
quote:
and I think the Fed could start QE by then
They already started that last month
Posted on 1/19/26 at 9:05 am to CamdenTiger
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 on 1/19/26 at 9:08 am to stout
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.
love to watch him slap down the propaganda agents in the media.
Posted on 1/19/26 at 9:14 am to stout
quote:Faster than 3 rate decreases in 5 months?? With inflation still well over the Fed’s target inflation rate?
until Powell resigns and a new Fed chair who is willing to lower rates faster
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 on 1/19/26 at 9:15 am to stout
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 on 1/19/26 at 9:20 am to LSURussian
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?
The question is simple: did it, or did it not, have an impact?
Posted on 1/19/26 at 9:20 am to LSURussian
quote:Deflection from the "rates going down" discussion...
I had no idea you craved higher inflation in our economy…
quote:Excuses as to you being wrong...
rates were already going down
quote: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.
any drop from those bonds being bought will be temporary,
quote:So which is it??? Arguing in circles like a salesman.
average 30 year mortgage rates have gone UP since then
Posted on 1/19/26 at 9:25 am to stout
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.
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