Trump Tells Buyers Priced Out of Housing: ‘Wait a Little Longer’
Prospective buyers view the backyard of a home during an open house in Seattle in January.
Photographer: David Ryder/BloombergPresident Donald Trump said US consumers should “wait a little longer” for mortgage rates to drop further, a plea for patience from the electorate as voters show dissatisfaction with his handling of the economy and affordability issues.
Potential homebuyers should “save a little money, wait a little longer, you’re going to get a mortgage for a very low rate,” Trump said Friday ahead of boarding a flight to Texas.