home loan rates are now at a three year low,

Former U.S. President Donald Trump claimed that (mortgage) rates have fallen to a three year low, using the moment to sharply criticize Federal Reserve Chair Jerome Powell.

Trump said Powell “got it wrong from the start,” arguing that the Fed’s interest-rate decisions hurt the housing market and slowed economic momentum.

He suggested that rates should have been lowered much earlier to support homebuyers and economic growth.

renew Trump’s long running attacks on the Federal Reserve, as he continues to push the narrative that tighter monetary policy has been unnecessary and damaging, especially for housing affordability and middle-class Americans #usa #TRUMP #Powell

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