Only three weeks ago, the average rate had dropped to just under 6% for the first time since late 2022, but it has risen every week since the war with Iran started, rattling financial markets and stoking worries about higher inflation due to a spike in energy prices...
Michael Bright, CEO of the financial services industry group Structured Finance Association, said in an interview that a $200 billion purchase "lower rates by a little bit," but exposes Fannie and Freddie to serious risks if the market turns.
"It exposes them to the exact same risks that got them blown up" in 2008, Bright said…
https://www.politico.com/news/2026/01/08/trump-mortgage-fannie-freddie-00717985
