Marketplace Trump's latest plan to lower mortgage rates
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Jan 15, 2026 Sabri Beneshaw, a Marketplace reporter focused on cryptocurrency regulations, dives into the clash between banks and crypto platforms over interest on stablecoins. Meanwhile, Justin Howe, also from Marketplace, breaks down Trump's directive for Fannie Mae and Freddie Mac to purchase $200 billion in mortgage-backed securities. He analyzes the potential effects on mortgage supply and rates, revealing skepticism about significant rate reductions. Plus, a look at young couples' growing interest in prenups and an AI-driven rebound in venture capital!
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Banks Versus Crypto Over Stablecoin Rewards
- Banks want laws blocking interest-like rewards on stablecoins to prevent deposit outflows.
- Crypto firms argue bans would stifle consumer choice and competition in payments.
Safety Gap Between Banks And Stablecoins
- Stablecoins lack federal deposit insurance, raising safety concerns if they pay interest.
- Regulators and lawmakers must decide whether to extend bank-like privileges to crypto firms.
Limited Impact Of Government MBS Purchases
- Fannie Mae and Freddie Mac buying mortgage-backed securities may only nudge long-term mortgage rates lower.
- Broader forces like inflation expectations and investor demand ultimately set mortgage yields.