TRUMP SIGNS EXECUTIVE ORDER LOWERING HOUSING COSTS

What happened: President Trump signed an executive order intended to lower housing costs, directing agencies to reduce mortgage costs, expand cheaper alternatives to title insurance, and support manufactured housing development. Key numbers: Inflation climbed to 3.7% last month. 31% of U.S. Why it matters: The order comes ahead of the midterm elections, where inflation and affordability have been among voters' main concerns, and as the housing market is slowing and lending costs are rising. Coverage: 3 outlets in 24h

President Trump signed an executive order intended to lower housing costs, directing agencies to reduce mortgage costs, expand cheaper alternatives to title insurance, and support manufactured housing development.

The order comes ahead of the midterm elections, where inflation and affordability have been among voters' main concerns, and as the housing market is slowing and lending costs are rising.