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Loan Modification

: The Truth About Mortgage.com

Fed Seen Slowing Mortgage Bond Purchases to Keep Rates Lower Longer

By scot184

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In a bid to keep interest rates on mortgages lower for a longer period of the time, the Fed has apparently decided to slow its purchase of mortgage bonds, according to a research note from Credit Suisse. The analysts said they believe Fed involvement in the mortgage-backed securities market will be necessary well into 2010, and [...]

Full post as published by The Truth About Mortgage.com on May 21, 2009 (boomark / email).

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