Cheap money era that saved housing seen bottoming

, Bloomberg

   | 0 Comments

Fannie Mae-guaranteed 3 percent securities, which lenders use to price new loans, tumbled last week to the lowest since Sept. 12, the day before the Federal Reserve announced plans to add $40 billion of mortgage debt to its balance sheet each month.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202583552848

Thank you!

This article's comments will be reviewed.