
Fannie Mae Board Member’s Warning about Policy: ‘It’s No Wonder Buyers Feel Stuck’
Barry Habib says lasting housing affordability depends on policy reform and smarter capital rules at Fannie Mae, not just waiting for mortgage rates to drop.

Barry Habib says lasting housing affordability depends on policy reform and smarter capital rules at Fannie Mae, not just waiting for mortgage rates to drop.

Powell just weighed in on housing at the latest FOMC press conference, noting that long-term mortgage rates are rising for reasons “unrelated” to Fed policy, while acknowledging that higher rates remain a significant hurdle for housing activity.
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