Trump signs executive orders aimed at addressing home affordability concerns ahead of midterms

President Donald Trump has signed two executive orders that aim to make housing and mortgages more affordable. Under the first order signed Friday, the federal government would reduce housing regulatory burdens and create incentives for best zoning practices by state and local governments. The second order would reduce regulatory burdens tied to mortgages and make it easier for community banks to provide home loans. The executive orders were obtained exclusively by The Associated Press and come as the Trump administration has seen the importance of increasing home ownership ahead of the midterms. But it’s unclear how quickly federal efforts can generate new construction or meaningfully reduce mortgage costs.