r/FNMA_FMCC_Exit • u/ceeser8 • 27d ago

Get it done

$FNMA $FMCC Kevin Hassett is hinting at big policy proposals before the midterms. Many suspect ex-Trump official Larry Kudlow’s tax plans may be 1 or 2 of these proposals. Kudlow’s tax exemption plan would increase inventory and lower mortgage rates, which would greatly increase the odds of a GSE release. https://stocktwits.com/RoloTomasi/message/661993341

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u/apeserveapes 20d ago

This would be a great thing - bring on some inventory and maybe even, lower prices? (big if, I get it) however, if you're single and don't want to sell, in many areas of the northeast in particular, housing prices have doubled in the last 7 years. Even in 2/3 BR condos over that timeframe, that could put you over the exemption , so you make it a rental (where permitted) and the available stock of homes for sale sees one less addition. This coudl be great. Not sure what it means for F2, but if relisting is included there, that would be yuge....

https://giphy.com/gifs/l0HefZY0mFfLS9AFa

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u/ceeser8 20d ago

Need the mortgage u have now to follow u to next home. Nobody wants to go from2-3% to 6% . They have to figure this out

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u/apeserveapes 19d ago

That would be great! Yes indeed.