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Trump's decision to lower mortgage interest rates could be replicated in Argentina - La Nacion Propiedades
Source:
www.lanacion.com.ar
January 15, 2026
One of the major problems facing the United States has to do with access to housing.
Donald Trump plans multiple housing reforms by 2026AP/Freepik
Amid a housing crisis that is impacting not only Europe , in the United States access to housing is one of the major problems plaguing the country, both due to rising prices and the cost of living. In this context, President Donald Trump decided to put housing back at the center of the economic and political agenda .
Trump announced two high-impact measures that aim, at least in speeches, to restore accessibility to the "American dream" of homeownership .
The decisions come less than a year before the midterm elections and in a context where the cost of living has become one of the main concerns of voters.
“For a long time, buying and owning a home was the pinnacle of the American dream. Today, inflation has put that dream out of reach for many,” Trump wrote on his social media account, Truth Social. In the same post, he asserted, “People live in homes, not corporations.”
According to Reuters, since the 2008 financial crisis, large Wall Street institutions , such as Blackstone, have purchased thousands of single-family homes, taking advantage of massive foreclosures and depressed prices . Over time, these homes have entered the rental market , a segment that has outperformed other areas of commercial real estate, such as offices or retail , especially in a context of rising interest rates and changing work habits.
The expansion of institutional landlords in the residential market has been questioned for years by housing advocacy organizations and legislators, including within the Democratic Party. The argument is that these actors reduce the supply of homes available for purchase and drive up sale prices and rents .
For now, the announcement is just that—an announcement. Trump stated that he will ask Congress to legislate and that he will take “immediate action ,” but he did not specify what legal framework he would use to impose the ban or how it would be implemented in practice. The uncertainty did not prevent the market from reacting , and the shares of some construction companies and businesses linked to the sector felt the impact.
As the US president himself explained, the decision is possible due to the significant increase in the value of Fannie Mae and Freddie Mac, two federally backed entities that play a central role in the US mortgage system. Trump emphasized that, during his first term, he did not proceed with the sale of these companies despite the recommendations of “experts,” which allowed them to generate a “fortune” that will now be reinvested in the market.
“ This measure will lower mortgage rates , reduce monthly payments, and make homeownership more affordable,” said Trump, who presented it as one of the “many steps” he will take to restore affordability in a market where demand far exceeds supply .
According to Trump, this measure will reduce mortgage rates.
Meanwhile, the president again blamed his predecessor, Joe Biden, for the housing crisis . He asserted that the previous administration “ignored the housing market,” creating “chaos and confusion” and leaving millions of families with greater difficulty accessing credit.
Federico González Rouco, an economist at the consulting firm Empiria and a housing specialist, summarizes Trump's latest announcement this way : "Translated to Argentina, what Trump is doing is injecting liquidity into the banks in exchange for mortgage portfolios."
He explains that the main problem in the Argentine mortgage market is the lack of long-term liquidity . “Today, banks have no way to obtain long-term funding. Without that, a mortgage market is impossible,” he points out.
The solution, he adds, lies in developing a long-term capital market that allows third parties to buy these mortgages and free up funds for banks to lend again . “With a deep market, there would be investors willing to buy these assets and recycle the money. At one time, pension funds could fulfill that role, but they no longer exist,” he notes.
In this framework, the potential players are identified: the Sustainability Guarantee Fund (FGS), mutual funds, insurance companies, mutual societies, and other institutional investors. “It’s a low-risk asset, with reasonable returns and long-term stability. The challenge is to design the market so they invest there ,” he maintains.
For González Rouco, what Trump did is comparable—with some differences—to the FGS allocating a portion of its portfolio to mortgage securitization. “The FGS currently has investments of US$70 billion, approximately seven times the total stock of mortgages in Argentina. The bulk are government bonds, with a smaller portion in equities,” he explains.
“Just because another country did it doesn’t automatically make it right. But in this case, it is,” the economist concludes.
www,buysellba.com
Source:
La decisión de Trump que se podría replicar en la Argentina para bajar las tasas de los créditos hipotecarios
Uno de los grandes problemas que atraviesa al país norteamericano tiene que ver con el acceso a la vivienda
www.lanacion.com.ar
January 15, 2026
One of the major problems facing the United States has to do with access to housing.
Donald Trump plans multiple housing reforms by 2026AP/Freepik
Amid a housing crisis that is impacting not only Europe , in the United States access to housing is one of the major problems plaguing the country, both due to rising prices and the cost of living. In this context, President Donald Trump decided to put housing back at the center of the economic and political agenda .
Trump announced two high-impact measures that aim, at least in speeches, to restore accessibility to the "American dream" of homeownership .
The decisions come less than a year before the midterm elections and in a context where the cost of living has become one of the main concerns of voters.
The US will prohibit Wall Street from buying family homes.
The first measure directly targets major financial players . Trump announced that his administration will move forward with a ban on large institutional investors (investment funds, banks, and corporations) purchasing single-family homes. The goal is to curb rising prices and prevent these properties from continuing to leave the market and become rental assets.“For a long time, buying and owning a home was the pinnacle of the American dream. Today, inflation has put that dream out of reach for many,” Trump wrote on his social media account, Truth Social. In the same post, he asserted, “People live in homes, not corporations.”
According to Reuters, since the 2008 financial crisis, large Wall Street institutions , such as Blackstone, have purchased thousands of single-family homes, taking advantage of massive foreclosures and depressed prices . Over time, these homes have entered the rental market , a segment that has outperformed other areas of commercial real estate, such as offices or retail , especially in a context of rising interest rates and changing work habits.
The expansion of institutional landlords in the residential market has been questioned for years by housing advocacy organizations and legislators, including within the Democratic Party. The argument is that these actors reduce the supply of homes available for purchase and drive up sale prices and rents .
For now, the announcement is just that—an announcement. Trump stated that he will ask Congress to legislate and that he will take “immediate action ,” but he did not specify what legal framework he would use to impose the ban or how it would be implemented in practice. The uncertainty did not prevent the market from reacting , and the shares of some construction companies and businesses linked to the sector felt the impact.
The measure to lower mortgage rates
The second measure announced focuses squarely on mortgage financing . Trump ordered the allocation of US$200 billion to the purchase of mortgage-backed securities , with the goal of reducing interest rates, lowering monthly payments, and improving access to housing.As the US president himself explained, the decision is possible due to the significant increase in the value of Fannie Mae and Freddie Mac, two federally backed entities that play a central role in the US mortgage system. Trump emphasized that, during his first term, he did not proceed with the sale of these companies despite the recommendations of “experts,” which allowed them to generate a “fortune” that will now be reinvested in the market.
“ This measure will lower mortgage rates , reduce monthly payments, and make homeownership more affordable,” said Trump, who presented it as one of the “many steps” he will take to restore affordability in a market where demand far exceeds supply .
According to Trump, this measure will reduce mortgage rates.
Meanwhile, the president again blamed his predecessor, Joe Biden, for the housing crisis . He asserted that the previous administration “ignored the housing market,” creating “chaos and confusion” and leaving millions of families with greater difficulty accessing credit.
What could be copied in Argentina?
In a country like Argentina where mortgage credit remains accessible to only a few , the debate on how to generate long-term funding is once again on the table.Federico González Rouco, an economist at the consulting firm Empiria and a housing specialist, summarizes Trump's latest announcement this way : "Translated to Argentina, what Trump is doing is injecting liquidity into the banks in exchange for mortgage portfolios."
He explains that the main problem in the Argentine mortgage market is the lack of long-term liquidity . “Today, banks have no way to obtain long-term funding. Without that, a mortgage market is impossible,” he points out.
The solution, he adds, lies in developing a long-term capital market that allows third parties to buy these mortgages and free up funds for banks to lend again . “With a deep market, there would be investors willing to buy these assets and recycle the money. At one time, pension funds could fulfill that role, but they no longer exist,” he notes.
In this framework, the potential players are identified: the Sustainability Guarantee Fund (FGS), mutual funds, insurance companies, mutual societies, and other institutional investors. “It’s a low-risk asset, with reasonable returns and long-term stability. The challenge is to design the market so they invest there ,” he maintains.
For González Rouco, what Trump did is comparable—with some differences—to the FGS allocating a portion of its portfolio to mortgage securitization. “The FGS currently has investments of US$70 billion, approximately seven times the total stock of mortgages in Argentina. The bulk are government bonds, with a smaller portion in equities,” he explains.
“Just because another country did it doesn’t automatically make it right. But in this case, it is,” the economist concludes.
www,buysellba.com
