Friday, February 5, 2010

Rates to Remain Low

There are have been many pundits that have worried about what direction the housing market will take when the Federal Reserve's $1.25 trillion purchases of mortgaged-backed securities ends. The Fed has propped up the market for a year or so now, but that program will end in March. Linked below is an article stating that all might not be lost. It looks as if there may be investors willing to jump in after all, which ultimately will keep consumer mortgage rates from jumping too much. Reuters

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