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Trump signs executive order geared at lowering housing, mortgage costs

President Trump signed an executive order Thursday aiming to lower mortgage payments as elevated borrowing costs have stifled the housing market. Trump’s order directs Federal Housing Finance Agency (FHFA) Director Bill Pulte to create a pilot program to cancel insurance premiums for government-backed mortgages once a borrower has satisfied equity…

Sources (2)· Oct 22, 7:47 PM to Oct 22, 9:52 PM

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