Second Home Sales are Soaring, But Now There’s a Mortgage Hurdle

WTOP-FM (Washington, D.C.), Apr 13, 2021–Jeff Clabaugh
Demand is not expected to slow, but Fannie Mae and Freddie Mac have raised a hurdle. The two now limit the share of second home and investment property mortgages they will buy from lenders to just 7% of their portfolios.