If you are looking to buy a home in Magnolia or the Greater Houston area, the news coming out of Washington today is exactly what you have been waiting for.
The Headline: President Trump has directed Fannie Mae and Freddie Mac to purchase billions of dollars in mortgage bonds.
The Impact: You don’t need to be a Wall Street trader to understand the result: When the government buys mortgage bonds in bulk, mortgage interest rates typically go down.
We saw the markets react immediately yesterday, and that trend is holding strong today (Friday, Jan 9th).
Why This Matters for 2026 Homebuyers
For the last few months, many buyers have been “on the fence,” waiting for rates to dip to improve their monthly payment affordability.
Markets move in cycles, but government intervention like this creates a direct, artificial improvement in pricing. These windows of opportunity can be short-lived. The bond market is volatile, and once the initial buyback news is absorbed, rates could stabilize or bounce back.
The “Cost of Waiting” Just Went Up
If you have been holding off on getting Pre-Approved, you are risking missing this dip.
At MJ Mortgage LLC, I am currently re-pricing our active loan applications to take advantage of these improvements. If you are not in the system yet, now is the time to start.
Bottom Line: Don’t wait for the weekend to pass. Check your buying power at today’s improved levels.
Click Here to get Pre-Approved Now
Sal Trapani Mortgage Banker & Owner MJ Mortgage LLC 281-608-2846 sal@mjmortgagellc.com www.mjmortgagellc.com Magnolia, Texas NMLS #1055510 | Company NMLS #2381195