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Trump Delays Housing Package Until Voting-Rights Bill Passes

6/27/2026

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Story summary
  • President Donald Trump cancelled signing the housing-affordability package until a voting-rights bill passes.
  • Housing market data showed a median existing-home price of $424,900 in May, a monthly payment of $2,647 ending June 14, and new-home sales down 7.3% from April and 6.8% below May 2025.
  • Mortgage rates have stayed above 6% after a dip below 6% in February, with seller concessions hitting a high that shows a buyer-tilted market.