President Donald Trump said Thursday that he is directing representatives at the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS), a move he said is intended to bring mortgage rates down.
Virginia Gov.-elect Abigail Spanberger (D) focused on improving affordability during her campaign. To follow through, she rolled out a housing agenda that leans heavily on preservation of existing affordable homes, empowering localities to add more, and rebuilding state-level tools.
The Housing for the 21st Century Act advanced in the House on Wednesday following a markup by the Financial Services Committee, setting the stage for a potential floor vote in early 2026.