# 119-hr-7754: Take Your Rate Act of 2026

119-hr-7754, Take Your Rate Act of 2026, is a 119th Congress bill sponsored by Rep. Barrett, Tom [R-MI-7] (R-MI); status introduced (as of 2026-04-23).

- Canonical: https://policyrisk.com/legislation/119-hr-7754
- As of: 2026-04-23
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7754
- Congress: 119
- Title: Take Your Rate Act of 2026
- Status: introduced
- Introduced: 2026-03-03
- Sponsor: Rep. Barrett, Tom [R-MI-7] (R-MI)
- Cosponsors: 0
- Policy area: unknown
- Touches household money: no
- Last recorded action: 2026-04-23

## Summary

**This bill would require the Department of Housing and Urban Development and the Federal Housing Finance Agency to jointly study the feasibility and impacts of making _federally backed mortgage loans portable_.** The study would analyze operational, legal, budgetary, housing market, and safety-and-soundness questions and recommend whether a limited demonstration or alternative solutions make sense. - Families and borrowers would get a formal analysis of how portability might help current homeowners, including an estimate of how many borrowers could benefit and what relief portability could offer. - Taxpayers and financial markets would receive an assessment of budgetary impacts and the safety and soundness implications for federal mortgage programs and for Fannie Mae and Freddie Mac. - Federal agencies and industry would be examined for rule changes and statutory needs, with optional consultation with Fannie Mae, Freddie Mac, the Federal Housing Administration, the Department of Veterans Affairs, the Department of Agriculture, lenders, and servicers. - Policymakers would get a joint report to the relevant House and Senate committees within 180 days after enactment with findings, policy recommendations, risk assessments, and any dissenting views.

## Related bills

- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-8324: Great American Healthcare Plan
- 119-hr-4317: PBM Reform Act of 2025
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-353: Family First Act
- 119-hr-833: Educational Choice for Children Act of 2025

## Sources
- [119-hr-7754 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7754)

## Related
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-8324: Great American Healthcare Plan](https://policyrisk.com/legislation/119-hr-8324)
- [119-hr-4317: PBM Reform Act of 2025](https://policyrisk.com/legislation/119-hr-4317)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-353: Family First Act](https://policyrisk.com/legislation/119-hr-353)
- [119-hr-833: Educational Choice for Children Act of 2025](https://policyrisk.com/legislation/119-hr-833)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7754 (as of 2026-04-23).