'The American Dream is still very much alive,' Fannie Mae CEO insists—and she has essential advice for first-time homebuyers

(Credit: Courtesy of Fannie Mae)

Homebuying can be a defeating process for anyone—particularly younger generations battling decades-high interest rates and home prices. But homeownership can still happen for millennials and Gen Zers, Fannie Mae CEO Priscilla Almodovar told Fortune in a recent Leadership Next podcast episode.

“The American dream is still very much alive,” Almodovar said. “It might just take a little longer.”