President Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds, a move he argued would help reduce mortgage rates at a time when Americ...

U.S. ​President Donald ‌Trump said on Thursday ​he is ordering his representatives ‍to buy $200 billion ​dollars in mortgage ​bonds, ⁠adding that the step aimed to bring down housing costs.

Trump’s proposal, which was announced via a social media post on Jan. 7 and light on details, aims to boost housing affordability at a time when millions of would-be homebuyers feel shut out of the ma...