Fannie Mae-No Politics (FNMA)

[CCSAB]

Um pretty sure he said RAISE interest rates and prices will DROP.

I think that's probably a truism 90% of the time. I think you assumed he was saying the inverse. I agree that the logic behind lowering rates push by Trump admin to make houses more affordable will only result in prices going up and ensuring unaffordability. Governments who have
become allergic to any business cycle want to defy economic laws. It's kind of sad because they keep gutting the middle class in the process. With Dems, I get it. They want the entitled super wealthy elite and the dependent masses. The Repubs I guess are just afraid to take the popularity hit. The most culpable organization behind the destruction of middle class America is no doubt the Fed. I'm all for independence but independence SHOULD imply no aversion to business cycles.