The headline story today was "HOMEBUYERS GET A REPRIEVE."
It is pretty obvious that it is homesellers getting the reprieve, homebuyers are getting the shaft. How does it help homebuyers for the fed to keep buying mortgage backed securities? This keeps interest rates artificially low and house prices artificially high.
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The headline story today was "HOMEBUYERS GET A REPRIEVE."
It is pretty obvious that it is homesellers getting the reprieve, homebuyers are getting the shaft. How does it help homebuyers for the fed to keep buying mortgage backed securities? This keeps interest rates artificially low and house prices artificially high.
#housing