Economy

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President Trump said yesterday that he is directing Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds to help reduce mortgage rates (apnews.com)

submitted 5 days ago by noumenon@lemmy.world to c/economy@lemmy.world

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[–] RizzRustbolt@lemmy.world 5 points 5 days ago

The twist is that this is how the housing market crashed the first time.

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