President Donald Trump’s trade war has turned perceptions of the U.S. economy upside down, and data is beginning to trickle in on how tariffs might impact consumer behavior in the housing market.

The latest numbers come from Fannie Mae‘s Home Purchase Sentiment Index, which measures consumer attitudes on housing using six questions from a national survey. The survey was conducted from April 1-18.

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Bill Pulte, the director of the Federal Housing Finance Agency (FHFA) and chair of the boards at Fannie Mae and Freddie Mac, said in an interview on Tuesday that a handful of employees at the government-sponsored enterprises (GSEs) who are from U.S. geopolitical foes China and North Korea have been referred to the U.S. Department of Justice (DOJ).

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California-based real estate investment trust Redwood Trust is expanding its role as a liquidity provider in the jumbo mortgage market while policymakers continue to debate the future of Fannie Mae and Freddie Mac. 

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