# US housing cost reduction executive order > Developing situation record from CLSTR: https://clstr.news/situations/us-housing-cost-reduction-executive-order > Updated: 2026-10-26T17:40:16.000Z. Sources: 4. Developments: 2. President Donald Trump signed an executive order titled ‘Decreasing Housing Costs for the American People’ to lower the expenses associated with purchasing and refinancing homes. The initiative includes a pilot program directed at the Federal Housing Finance Agency (FHFA) to automatically remove private mortgage insurance (PMI) once homeowners reach specific equity thresholds, aiming to eliminate manual paperwork. The order also expands a nationwide program for automated property title reviews to reduce refinancing costs and directs the Department of Agriculture and the Department of Veterans Affairs to lower interest rates on their direct home loans. To address housing supply, the order establishes a ‘Manufactured Housing Innovation’ task force. This group is charged with streamlining the federal approval process for factory-built and modular homes by reducing regulatory duplication and encouraging automated manufacturing techniques. ## Timeline ### 2026-10-26: Trump signs executive order to reduce mortgage and housing costs President Trump signed an executive order to lower housing costs by automating PMI removal, reducing refinancing title insurance fees, lowering VA and USDA loan rates, and streamlining manufactured housing. 2 sources. https://clstr.news/cluster/trump-signs-executive-order-to-reduce-mortgage-and-housing-costs ### 2026-10-25: Trump outlines US housing executive order and potential business ties with Ukraine and Russia President Trump signed an executive order to lower US housing costs via modular construction and mortgage reforms, while expressing intent to expand US business ties with Ukraine and Russia post-conflict. 2 sources. https://clstr.news/cluster/trump-outlines-us-housing-executive-order-and-potential-business-ties-with-ukraine-and-russia --- Cite as: US housing cost reduction executive order. CLSTR, https://clstr.news/situations/us-housing-cost-reduction-executive-order