Replies to post #628644 on Fannie Mae-No Politics (FNMA)

[TRCPA]

The strength of the housing market continues to surprise me under covid conditions. I'm guessing that those with the wherewithal are seeing this as an opportunity to capitalize on low interest rates while they can.

[Donotunderstand]

good news

dumb dumber dumbest headline

beats expectation - which is semi important

but per the article - highest in 13 years !!!!!! that is the NEWS and is very encouraging in many ways

[Robert from yahoo bd]

Historically, new home construction would help lead the US Economy out of recessions, as they have a higher multiplier affect than existing home sales, and I think for this reason and others the Federal Reserve will continue to be accomodative until the negative effects of Cov19 finish impacting the economy.

Clearly a net positive for the GSES and the US Economy!