Trump’s Push to Make Homes More Affordable Needs the Banks to Play Ball

According to the Wall Street Journal, questions about whether big banks might expand mortgage lending again are on the rise, especially as mortgage rates dip below 6% for the first time in years and the Fed explores changes to its capital requirements. Even so, banks remain cautious, with lower borrowing costs more likely driven by falling Treasury yields and stronger demand for mortgage bonds, not a new wave of bank lending.

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