Housing Market – Fed lifts off the ‘helping hand’
By davidwolowitz on Fri, 2010-04-23 07:02
According to this article:
http://blog.mfgmortgagerates.com/?p=27
"The Federal Reserve is ready to wrap-up the mortgage-security buying program at the end of this month."
The Fed’s said that it will carry on the buying program once they felt a downward tilt. The question that arises here is: When? Are they going to wait for the housing market to decline further, or would another depression trigger the restart? What consequences will this buying turnoff entail?
whats your say?
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