As the 30-year fixed-rate mortgage fell below 6% for the first time since 2022, Federal Housing Finance Agency Director Bill Pulte has credited President Trump as being the only reason that decline occurred.
In a post on his personal X account, Pulte cheered, “President Trump, single-handedly, lowered mortgage rates. He’s the best.”
In a separate X post, Pulte gushed, “The 30 Year Mortgage Rate going BELOW 6%, and now being in the 5%’s, is DIRECTLY because of President Trump’s genius move to BUY $200 Billion in Mortgage Bonds and his CRUSHING of inflation. NO OTHER PRESIDENT would have been able to reverse Joe Biden’s 8% Mortgage Rate!”
Plate is an idiot
Now make FHA a zero down payment just like USDA rural but no income limits and you will get this economy & housing rolling!! For owner occupants only.
Or make it $1,000. down; seller pays all closing costs and NO PMI or Funding Fees!! Never helped in down turn except the banks!!
PS I worked for Bill Pulte the Grandfather years ago. Great man with great vision!
Great job Trump!!
That’s what I voted for!!! Always thinking of we the people not himself! Yes! Yes! Yes!
We The People won again!
Keep up the good work Mr President!
Such a bullshit statement. Does Pulte even know that the mortgage rate is directly tied to the 10-year Treasury bond? More amateurs running the show.