fed mortagebacked securites program will it be curtailed impact mortgage rates: WILL THE FED MAINTAIN PURCHASE OF INTEREST-RATE-FRIENDLY MORTGAGE-BACKED SECURITIES IN 2010, Or Scale Them Back? - 01/14/10 03:26 PM
Hey, folks, from Livonia MI!
Took the five-hour drive from Chicago today to be a part of the semi-annual Floyd Wickman Forum this weekend.  Great sharing and networking opportunities, and a ton of how-to's, custom-made for today's Real Estate Market.  We can hardly wait to begin the conference Friday night!
Beginning early in 2009, The Fed began to purchase billions, no TRILLIONS of securities backed by privately-issued mortgages.  Indeed, it is projected that over $1.25 Trillion of mortgage-backed securities will be purchased by The Fed by program's end this March.
Likely, ending heavy purchase activity on such securities will cause average … (2 comments)

 
Dean Moss, Dean's Team Chicago IL Real Estate Team (Dean's Team - Keller Williams Realty Partners Chicago IL)

Dean Moss

Dean's Team Chicago IL Real Estate Team

Chicago, IL

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