Mortgage Backed Securities: Keeping Interest Rates Low

The term “mortgage backed securities” may be far from a household word (or three), but the movement of these securities plays a large role in the up or down swing of mortgage interest rates. The Federal Reserve has been making headlines in housing news for the past...

Another Federal Stimulus Keeps Interest Rates Low

As part of its ongoing effort to sustain the US economy’s iffy economic rebound, the Federal Reserve has rolled out a new round of buying mortgage backed securities. This new initiative comes in addition to the Fed’s plan to continue its plan to buy $40 million in...