Trump Push on Housing Finance Nudges Up Mortgage Costs

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Indonesia Berita Berita

Trump Push on Housing Finance Nudges Up Mortgage Costs
Indonesia Berita Terbaru,Indonesia Berita utama

Some mortgages are costing more because of uncertainty about new efforts to overhaul housing finance

Securities issued by mortgage giants Fannie Mae and Freddie Mac are trading at a growing discount compared with securities sold by Ginnie Mae, another government agency that backs mortgages, bond data show.

That has led to higher borrowing costs for plain vanilla mortgages.
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