FHFA Director Bill Pulte on the housing market, mortgage rates, future of Fannie Mae & Freddie Mac

High mortgage rates are sticking around — unless the economy crashes

Kevin Carter/Getty ImagesHomebuyers in today's market are faced with mortgage rates stubbornly stuck in the 6% range.With an unclear inflation and trade war outlook, the Fed is in no hurry to cut rates.Redfin believes mortgage rates will only come down in the case of a recession.Bad news for those looking to buy a home: it's looking like high mortgage rates are here to stay in the months ahead.Mortgage rates have hovered in the 6 to 7% range thi…

FHFA Director Bill Pulte on the housing market, mortgage rates, future of Fannie Mae & Freddie Mac

Bill Pulte, Federal Housing Finance Agency director and chairman of Fannie Mae and Freddie Mac, joins 'Squawk Box' to discuss the state of the housing market, how the agency can slow inflation, future of Fannie Mae and Freddie Mac, and more.