Monthly Archives: May 2009

The Fed's plan to buy up everything that's not nailed down in the name of keeping interest rates down isn't working, as is obvious with the 30- year hovering between 5.25-5.5% right now. A little analysis on their plan's ... Since last autumn, the Fed has purchased more than $480 billion, out of an allowance of $1.25 trillion, in mortgage -backed securities and more than $130 billion, of $300 billion, in Treasury bonds to help keep mortgage rates low