Tag Archives: help-keep

KEEPING MORTGAGE RATES LOW, UR DOIN IT RONG

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
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