Dec
10

U.S. Treasury Considers Purchasing Mortgage Backed Securities to Help Drive Mortgage Rates to 4.5%.

As reported last week, two government agencies are proposing plans to attempt to drive the mortgage rates as low as 4.5%. Both the U.S. Treasury and the Federal Reserve have proposed similar plans to help the housing crisis. The idea is that the increased demand for mortgage backed securities would lower the mortgage rates.

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Posted by The Biggar Team Real Estate News, Sarasota Florida Real Estate Subscribe to RSS feed

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