noumenon@lemmy.world to Economy@lemmy.worldEnglish · 2 days agoPresident Trump said yesterday that he is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds to help reduce mortgage ratesapnews.comexternal-linkmessage-square5linkfedilinkarrow-up15arrow-down10
arrow-up15arrow-down1external-linkPresident Trump said yesterday that he is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds to help reduce mortgage ratesapnews.comnoumenon@lemmy.world to Economy@lemmy.worldEnglish · 2 days agomessage-square5linkfedilink
minus-squarerottenmummy@lemmy.worldlinkfedilinkEnglisharrow-up5·2 days agoIt is hard to believe that he is doing something good. what is the twist?
minus-squareRizzRustbolt@lemmy.worldlinkfedilinkarrow-up5·2 days agoThe twist is that this is how the housing market crashed the first time.
minus-squarehitmyspot@aussie.zonelinkfedilinkarrow-up2·2 days agoThe article mentions increased risk in case of a downturn. Like the AI collapse that is expected at some point. Oops.
It is hard to believe that he is doing something good. what is the twist?
The twist is that this is how the housing market crashed the first time.
The article mentions increased risk in case of a downturn. Like the AI collapse that is expected at some point. Oops.