Mmastodon WorldEU Politics first seen 13 d ago, last 12 d ago, peak #1
Fannie Mae sharply raises 2027 mortgage rate forecast
Original: Another # Trump # Bessent train wreck in process. "Fannie Mae sharply raises mortgage rate forecast for 2027 " # Politic
Fannie Mae has sharply raised its mortgage rate forecast for 2027, a revision drawing criticism from Trump opponents who blame the administration and Treasury Secretary Scott Bessent for worsening housing costs. Critics call the higher-rate outlook another policy failure, while supporters have yet to respond in the circulating discussion.
Why now: People are reacting to Fannie Mae's higher rate forecast as fresh evidence that Trump-era economic policy is failing on housing affordability.
Fannie MaeDonald TrumpScott Bessent
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2259534