How will the updates to the equitable housing finance plans impact the housing market?<\/strong><\/p>\n\n\n\nThe updates to the equitable housing finance plans are expected to have a positive impact on the housing market. The updates will help to make housing more accessible and affordable, which will likely lead to an increase in demand for housing. This could lead to higher home prices, but it could also lead to more construction of new housing, which would help to increase the supply of housing and keep prices in check.<\/p>\n\n\n\n
What are the risks associated with the updates to the equitable housing finance plans?<\/strong><\/p>\n\n\n\nThere are some risks associated with the updates to the equitable housing finance plans. One risk is that the updates could lead to higher home prices. Another risk is that the updates could lead to a decrease in the supply of housing, as developers may be less likely to build new housing if they believe that the government will provide subsidies for affordable housing.<\/p>\n\n\n\n
Overall, the updates to the equitable housing finance plans are a positive step towards making housing more accessible and affordable for all Americans. The updates will help more people become homeowners and will increase the supply of affordable housing. However, there are some risks associated with the updates, such as the potential for higher home prices and a decrease in the supply of housing.<\/strong><\/p>\n\n\n\nAccording to Freddie Mac, the average 30-year fixed-rate mortgage declined to 6.28% as of April 4, down from 6.32% the previous week. The decline was driven by expectations of an economic slowdown.<\/strong><\/p>\n\n\n\nThis happened in spite of The Federal Reserve being expected to continue raising interest rates in an effort to combat inflation. The housing market is likely to remain volatile in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"
Fannie Mae and Freddie Mac, the two government-sponsored enterprises that back the majority of U.S. mortgages, announced on Wednesday new updates to their equitable housing finance plans. The updates include a number of new initiatives, such as expanding special purpose credit programs (SPCPs) to make homeownership possible for underserved communities, increasing the availability of accessory […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"yoast_head":"\n
Fannie\/Freddie Announce Update to Equitable Housing Finance Plans - America's Home Loans with Chris Mason<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n