Kyle Rizdahl

treasuries, and they tend to pay slightly more interest.

treasuries, and they tend to pay slightly more interest.

The Trump administration is asking Fannie and Freddie to go back to doing something they did up until the financial crisis, buy the very bonds they're selling.

The Trump administration is asking Fannie and Freddie to go back to doing something they did up until the financial crisis, buy the very bonds they're selling.

Wallace says there'd be more demand for mortgage-backed securities, so Fannie and Freddie would need even more mortgages to go into those securities.

Wallace says there'd be more demand for mortgage-backed securities, so Fannie and Freddie would need even more mortgages to go into those securities.

And that means?

And that means?

And the theory goes, originate them at lower interest rates.

And the theory goes, originate them at lower interest rates.

Mike Frattantoni is chief economist of the Mortgage Bankers Association.

Mike Frattantoni is chief economist of the Mortgage Bankers Association.

The MBA reports that applications to refinance mortgages jumped 40% in the last week.

The MBA reports that applications to refinance mortgages jumped 40% in the last week.

Frattantoni says we've seen a few refi boomlets like this over the past year, whenever rates have dipped.

Frattantoni says we've seen a few refi boomlets like this over the past year, whenever rates have dipped.

They tend not to last long because there are still plenty of pressures pushing long-term interest rates higher, government debt.

They tend not to last long because there are still plenty of pressures pushing long-term interest rates higher, government debt.

And what if the president pressures the Federal Reserve into pushing rates too low so inflation picks up?

And what if the president pressures the Federal Reserve into pushing rates too low so inflation picks up?