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re: Fed to buy $750 billion more of mortgage backed securities

Posted on 3/18/09 at 4:56 pm to
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/18/09 at 4:56 pm to
quote:

these rates are here to stay for about 6 months according to the Fed.

won't happen. The market will sell them $300B in 1 month if they'll take it. If not, rates will go back up.
Posted by bignate76
baton rouge
Member since Feb 2008
713 posts
Posted on 3/18/09 at 5:13 pm to
no way..the rate may not stay at 4.5 but it will stay under 5% and thats fine with me
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