From David's @BeachCitiesRealEstate Page on FB

Thursday, February 11, 2010

The Fed's Withdrawl from Morgage Purchases - A Conversation

As the Fed prepares to curtail its purchases of Fannie Mae & Freddie Mac loans on March 31, the obvious pressures on rates will be upward.  How much?  Perhaps mortgage rates will rise 1%, to a level of 6%, says one expert in this RISMedia conversation. - David

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