Fannie Mae's value has rocketed higher following the Trump-Biden debate, implying it is an indirect bet on a Trump win. Historically, Trump is far more likely to end FNMA's conservatorship than the Biden administration. There are no guarantees that Trump will successfully end the conservatorship, having not done so in his last term. Further, FNMA's fundamental risks would not necessarily decline in this scenario.
There are three ways homebuyers can play the housing market to their advantage, according to Fannie Mae. The firm's chief economist gave his top tips to first-time homebuyers in a recent interview.