Now purpose of Fannie and Freddie is to make homes more expensive

This article is so true, Can We Please Be Honest About Fannie And Freddie? They Now Exist To Make Houses More Expensive.

The goal of Fannie and Freddie was to make home ownership more affordable. Now their goal is to prevent homes from becoming more affordable.

It’s the perfect self-perpetuating government program!

August 27, 2010 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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