Will Fed bond-buying drive fixed mortgage rates below 3%?

Mar 17, 2020 |

Deep inside the fortresslike headquarters of the Federal Reserve Bank of New York in lower Manhattan, a group of market specialists on Monday re-started the bond-buying program that during the financial crisis was known as quantitative easing, or QE. In a surprise announcement on Sunday, the Fed’s rate-setting Federal Open Market Committee said it would […more]

Posted in: San Francisco

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