Reported 1 day ago
Experts warn that moving Fannie Mae and Freddie Mac, currently under government conservatorship, towards privatization could have mixed effects on homebuyers. While it may benefit some by increasing loan options and attracting investments in the housing finance market, it could also harm those with weaker credit histories and lead to higher mortgage rates. As the housing market grapples with high prices and rates, many believe the timing for such a significant change is not ideal, potentially exacerbating the challenges faced by homebuyers.
Source: YAHOO