Feedback Form
34 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Honest Corruption

posted by Avatar DannyBly 695 days ago in Fundamental, Special, Housing made popular 695 days ago

The Federal Reserve has paid a yea rlong bribe to the housing market to keep mortgage rates almost a full point below average. The $1.25 trillion payoff also known as the Mortgage Backed Security purchase program is about to end. Will the mortgage market stay bought?
Log in to comment or register here.