Two Fed officials say key to fixing US housing more about supply than financing

By Michael S. Derby Jan 9 (Reuters) - Two Federal Reserve officials on Friday expressed some skepticism that a Trump administration plan to lower housing costs by buying billions in mortgage-backed bonds will do much to lift the troubled sector. The policymakers - Atlanta Fed President Raphael Bostic and Richmond ​Fed President Thomas Barkin - instead argued that while financing costs are a real issue, housing affordability is even more a function of the supply ‌of homes available for purchase. "I do t ...