Fannie, Freddie Commit $4.3B to Kansas Loans

Fannie Mae and Freddie Mac will invest $4.3 billion in Kansas home loans next year, the White House said at a Salina rally.

Updated on Nov. 2, 2026 in Residential

Bold vector editorial illustration of a single house on open plains, its door shaped as a large key opening with warm light spilling through, evoking home access. — President Trump announced Sunday in Salina, Kansas, that Fannie Mae and Freddie Mac will invest $4.3 billion in home loans across the state next year. AI Illustration. Upload story photo >

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President Donald Trump announced at a rally in Salina, Kansas, on Sunday that Fannie Mae and Freddie Mac will invest $4.3 billion in home loans in the state next year. The initiative is expected to help 15,000 Kansas homebuyers.

Why it matters

Housing affordability remains under pressure nationwide, with high mortgage rates, limited supply and weak income growth keeping the market largely frozen. For Kansas residents, the investment could expand access to financing for prospective buyers.

The $4.3 billion commitment is projected to assist 15,000 Kansas homebuyers, with 30-year mortgage rates still above 7%. Eligibility rules and loan terms have not been released.

The players

Fannie Mae

Fannie Mae is a government-backed mortgage company that buys and guarantees home loans to support the U.S. housing market.

Freddie Mac

Freddie Mac is a government-backed mortgage company that purchases and guarantees residential mortgages, alongside Fannie Mae.

Bill Pulte

Bill Pulte is director of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac.

The details

Trump made the announcement at a rally in Salina on Sunday, tying it to an executive order he signed last month that directs the Federal Housing Finance Agency to pilot eliminating mortgage insurance premiums for eligible borrowers with sufficient equity. That order also made permanent a title-insurance waiver for qualifying refinancings.

Last month (October 2026): Trump signed the mortgage and homeownership executive order.
Sunday, November 1, 2026: Trump announced the Kansas investment at a Salina rally.
Next year (2027): Fannie Mae and Freddie Mac will fund the $4.3 billion in Kansas loans.

Market Context

The announcement follows an executive order on mortgage insurance and title-insurance waivers signed last month, and comes as NAHB's builder sentiment index fell in October to its lowest level since June 2012. Pending home sales have reached a record low, underscoring the stalled market the measures aim to address.

Prospective Kansas buyers may see expanded financing options once the $4.3 billion in loans becomes available next year. Current 30-year mortgage rates above 7% still set the cost of borrowing for most purchases.

The takeaway

Federal mortgage measures can ease access to financing, but high rates and rising monthly costs will still determine how many buyers can act. Prospective buyers should compare loan options carefully as programs roll out.