The Administration's Proposal for Fannie and Freddie

A very quick -- probably too quick -- response to the administration's proposals for Fannie and Freddie (the editors wanted to know how it would affect mortgage rates -- they'll likely go up, but how much is hard to say):

The Administration's Proposal for Fannie and Freddie Will Increase Mortgage Costs

I hope to say more about the economics of these proposals when I have a bit more time.