Fannie Mae, the US government-supported mortgage-finance company, sold $7bn of three- year notes, in the largest sale of its benchmark securities since March 2009. The debt yields 1.057%, or 23.5 basis points more than similar-maturity Treasuries, the Washington-based company said today in a statement. On July 8, Fannie Mae sold $6bn of its three-year benchmark notes at the same spread and a yield of 1.257%

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Here's where the real housing affordability crisis exists

Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?

Feb 17, 2020 By
3d rendering of a row of luxury townhouses along a street

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