Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

What happens to Housing Starts after a 550 basis point increase in Mortgage Rates over 15 months:

"The numbers revealed on Tuesday provided little encouragement. The entire nation is feeling the pinch as home building was down across the country. The NAHB pointed out that compared to last year, single-family and multifamily starts were down nearly 23 percent in the Northeast, about 14 percent in the Midwest, nearly 9 percent in the South and about 16.5 percent in the West."

https://www.newsweek.com/home-building-collapses-market-struggles-1828235