President Trump said yesterday that he is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds to help reduce mortgage rates

noumenon@lemmy.world · 5 months ago

rottenmummy@lemmy.world · 5 months ago

It is hard to believe that he is doing something good. what is the twist?

RizzRustbolt@lemmy.world · 5 months ago

The twist is that this is how the housing market crashed the first time.

hitmyspot@aussie.zone · 5 months ago

The article mentions increased risk in case of a downturn. Like the AI collapse that is expected at some point. Oops.

mrdown@lemmy.world · 5 months ago

Dictator Trump

Tollana1234567@lemmy.today · 5 months ago

can they even afford a home, even with this ?