It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite … - Mark Zandi

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Life certainly points it out to you - 'you can go this way or the other way. ' You have to decide and it's a very strong decision because, would you sleep well knowing that you're living in the best place, but you're letting the place where you should live alone?

Mark Zandi

It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.

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A home is still the biggest asset that most Americans own.

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In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in the world.

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Too-easy credit and millions of bad loans made during the U. S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

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If Mr. Trump gets precisely the policies he says he wants, then the economy will suffer a recession.

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Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.

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