[AdamSelene235]

No financial expert here, but from what I understand we're experiencing a rate hike in short term rates but steady to falling long term rates. This should insulate the housing industry at least for now?

Given the GSEs make their money by borrowing short term and lending long, NO. Given that they've been borrowing Euros, Yen,Yuan etc. short term and lending dollars long term, Hell No.

[Southack]

"Given the GSEs make their money by borrowing short term and lending long, NO. Given that they've been borrowing Euros, Yen,Yuan etc. short term and lending dollars long term, Hell No."

That's backwards. Declines in the Dollar (as implied above) drive *up* home prices.