Affordability Watch | President Trump Helps Home Owners and Buyers

Trump Wants Lower Mortgage Rates, Not Cheaper Houses

Snippet of Article: "... When President Donald Trump has talked about his recent proposals to make housing more affordable, he's focused on one particular cost: mortgage rates.

He also made clear that he doesn't want to hurt housing prices. It’s part of an effort to make homeownership more affordable without driving down housing values.

“I am very protective of people that already own a house,” Trump said. ..."

Source: www.investopedia.com

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Banks May Offer 'Trump Cards' Under 10% Rate Push

Snippet of Article: "...The Trump administration is pressing a new voluntary credit-card concept dubbed "Trump Cards" as President Donald Trump pushes a one-year 10% interest-rate cap.

The move escalates a fresh clash with banks and Congress over how, and whether, Washington can force down borrowing costs for millions of cardholders. ...the White House expects banks to voluntarily offer new credit cards carrying a 10% rate..."

Source: www.newsmax.com

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Trump calls for a 10%, one-year cap on credit card interest rates

Trump calls for a 10%, one-year cap on credit card interest rates: ‘AFFORDABILITY!’

Snippet of Article: "...President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month.

“Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration. AFFORDABILITY!,” Trump wrote on Truth Social. ..."

Source: nypost.com

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