Trumps Bold Move: Mortgage Bond Purchases Spark Surge in Stocks!

United Wholesale Mortgage at the NYSE, Jan. 22, 2021. Source: The New York Stock Exchange Shares in mortgage lenders surged Friday following President Donald Trump’s directive to “representatives” to acquire mortgage bonds as a measure to reduce rates for prospective homebuyers. In a social media announcement on Thursday, Trump called for an investment of $200 […]