Housing Market Update: Biden Just Flipped The Market. President Biden is looking to boost the housing market in a way which could potentially harm or benefit borrowers for mortgages. This new lending law that Biden is talking about implementing into the housing market will allow lenders to re-evaluate how lending criteria will fit with people who have student loans and how much they will be allowed to borrow. So in this video, we will be unpacking what the President has said and what this looks like for people who are looking to buy a home in the 2021 housing market!