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

Posted on 3/18/09 at 5:13 pm to
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
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/18/09 at 5:26 pm to
The Across the Curve theorized that most of the purchases would be in the 2-5 year range, which won't affect mortgages much anyway.
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