Fannie Mae and Freddie Mac saw their shares rise this week. This change followed comments from Trump officials and a board shake-up. Many experts are cautious about privatizing these companies. They warn that it could increase mortgage rates.
- Trump administration looks at changes for Fannie Mae and Freddie Mac.
- Privatization might lead to higher mortgage rates.
- Mortgage rates are currently at 6.7%.
- Fannie Mae and Freddie Mac help keep loan costs low.
- Investors are important for mortgage bonds, a $10 trillion market.
| Aspect | Details |
|---|---|
| Mortgage Rate | 6.7% |
| Market Size | $10 trillion |
