[whimsicalism]

> buying housing is better.

Not sure if that is true with current rates - and also is due to government policy propping up cheap money to homebuyers.

As I've said, no bank in their right mind would give out the mortgages they are right now if they didn't know they could turn around and sell it straight to Fannie & Freddie

[supertrope]

Indeed. Without Fannie Mae and Freddie Mac (government sponsored enterprises) there would not be a 30 year mortgage. Mortgages would probably adjust the rate every five years.