Despite the currently thriving U.S. real estate market, it is still rather difficult for prospective homebuyers to build a home these days. The low housing supply yet high demand for homes has made homeownership unaffordable for many. Mortgage mogul Fannie Mae is seeking to change this.

Fannie Mae is taking an array of initiatives to address the lack of affordable homes, beginning with a pilot program that makes it easier to obtain a construction loan. Under the program, lenders would be able to sell their loans to Fannie Mae as soon

One would think that due to inflation, stagnant wages, the high cost of living in metropolitan areas, and the exorbitant price of obtaining a college degree these days, owning a home is simply out of the question for most Millennials.  However, according to Spencer Rascoff, CEO of Zillow, this is simply not the case.  In a recent podcast from Bloomberg titled Millennials Driving Housing Market, Spencer Rascoff noted that Millennials bought $500 billion in real estate within the past 12 months.  In fact, due to the limited supply of homes