In a bold move, President Trump suggested merging Fannie Mae and Freddie Mac into a new entity, 'MAGA', which could be publicly traded. This proposal comes as the government plans to sell its stakes in these vital mortgage giants, potentially generating billions.
The Trump administration is reportedly planning an IPO for the Great American Mortgage Corporation, aiming to raise $30 billion. Analysts express skepticism about the timeline and execution, emphasizing the need for government support to maintain mortgage rates.
The Trump administration is set to potentially sell shares of Fannie Mae and Freddie Mac, aiming to raise around $30 billion and valuing these mortgage giants at $500 billion. What does this mean for your mortgage rates?
Joel and Kathryn Friedman are among many homeowners delaying sales due to hefty capital gains taxes. With potential bipartisan efforts to eliminate this tax, will more retirees be able to downsize?
Despite an ongoing housing market slump, home prices reached an all-time high of $435,300 in June. Discover the surprising dynamics affecting buyers and sellers in today's market.
President Trump is mulling over the elimination of capital gains taxes on home sales, backed by Rep. Marjorie Taylor Greene. What could this mean for millions of homeowners? Discover the potential impacts and who stands to benefit from this proposal!
A leading economist warns that the housing market is deteriorating, with home sales and prices set to slump unless mortgage rates drop soon. Unprecedented challenges are looming for homeowners and the economy.
New-home sales in the US fell sharply in May, marking the largest drop since 2022. Despite sales incentives, affordability issues persist, pushing sales to a seven-month low.
Home prices are experiencing a significant slowdown, with national gains dropping to just 2.7% in April. As supply rises and demand falters, the once hot markets are now cooling off. Discover the latest insights on the shifting housing landscape!
Tensions rise as President Trump pushes for interest rate cuts, clashing with Fed Chair Jerome Powell's cautious stance. With inflation down but unemployment creeping up, the stakes for the economy are higher than ever.
