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The TRUTH Behind Biden Administration Mortgage Changes | Hot Sheet 04/20/23

BAM Hot Sheet

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Introduction

A new Redfin report shows the first annual rent decline In the last three years with the median rent dropping 0.4% Year over year in March to its lowest point in 13 months. This is significant news and a major mortgage change from Fannie Mae and Freddie Mac today is Thursday April 20th 2023, you know what that means. We've been we've been talking about this on the hot sheet for the last two months that this this pent up supply of building Multifamily housing units up over a million units are gonna hit the market. It's gonna drive rental prices down even more next year.

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