Enter Wall Street. The problem is: Wall Street isn’t the problem. That made Wall Street a frequent target of Democrats, who argued the practice drove up prices and locked prospective first-time homebuyers out of a wealth-building opportunity. “This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable. Certainly, many economists have said, ramping up purchases of mortgage bonds would help bring mortgage rates down, offering some relief to homebuyers.

Source: CNN January 11, 2026 18:31 UTC