Fannie Mae & Freddie Mac Boost MBS Buys
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Fannie Mae and Freddie Mac are increasing their purchases of mortgage-backed securities, aiming to lower mortgage rates and boost affordability amid global tensions. This move comes after President Trumps directive to buy $200 billion worth of these securities. The companies, which have been rebuilding their portfolios after a long shrink, could help stabilize the housing market as spreads widen due to oil price swings and Middle East unrest.
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