Investor & 2nd Home Mortgages getting tougher

[Paul Welden]

Starting April 1, it could be more difficult to get an affordable mortgage for investors and 2nd home buyers. 

FHFA (Fannie Mae + Freddie Mac) announced on March 10 that they will reduce by about 50% the number of investor and 2nd home loans they will purchase and limit them to only 7% of their portfolio. ()

Some investors and lenders have already adjusted their rates/fees higher because of this. 

Could this be a way to help the owner occupant buyer by eliminating some investors from the market or just a move to decrease FHFA's risk profile? 

What do you think?