President Donald Trump signed an executive order Thursday aimed at reducing the costs of homeownership less than two weeks before midterm elections dominated by affordability issues.
The decree reflects a project previously published by POLITICO and directs various agencies to reduce mortgage costs and support the development of manufactured housing.
“Homeownership is a critical pillar of our great nation, and President Asset and his administration are working tirelessly to cut costly costs and red tape to make the American dream of homeownership more affordable for all Americans,” the White House said in its statement. a declaration.
The order arrives in the middle of a slow real estate market And rising loan costs. The rising cost of housing is weighing on a midterm election cycle focused on voters’ economic frustrations.
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