Take Your Rate Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Mar 3, 2026
What it does
The Take Your Rate Act of 2026 would require the Secretary of Housing and Urban Development and the Director of the Federal Housing Finance Agency to jointly conduct a study on the feasibility and potential impacts of making Federally backed mortgage loans portable—meaning borrowers could transfer their existing mortgage terms to a new home. The study would examine administrative, market, regulatory, budgetary, and safety implications, including effects on borrowers, government-sponsored enterprises like Fannie Mae and Freddie Mac, and potential statutory changes. Within 180 days of enactment, the agencies must submit a joint report to Congress with findings, policy recommendations,…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.