And so the danger for the housing industry is if we see interest rates rise.

And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.

The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.

Well, now, and there's - for every dollar the federal government spends, there's real people on the other side, and so when we talk about reductions that are going to affect providers, that's going to affect hospitals and doctors and others.

So from the housing standpoint, steady as you go, I think, would be the best medicine.

And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.

We think if the economy remains weak that we could see mortgage rates trail down and we think that we could see rates below seven percent into early next year.