✉news WorldPolitics first seen 1 d ago, last 17 h ago, peak #8

Hassett says mortgage rates must come down

Original: Hassett: ‘Mortgage rates have to come down’

Kevin Hassett, a top economic adviser in the Trump administration, declared that mortgage rates 'have to come down,' putting fresh pressure on the Federal Reserve to cut interest rates. His comments add to a running administration campaign urging cheaper borrowing costs, a message that resonates with homebuyers squeezed by high rates but draws criticism from those wary of political interference in the Fed.

Why now: The administration is publicly pressuring the Federal Reserve to lower rates amid affordability concerns.

Kevin HassettFederal ReserveDonald Trump

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• Hassett: ‘Mortgage rates have to come down’ · CNN
• Hassett: ‘Mortgage rates have to come down’ · CNN

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