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mortgage Archive

FED Buys Mortgage Bonds, Promises To Keep Interest Rates Low – Are They Addressing The Real Problem?

Matthew Cohen, MSW September 15, 2012 Economy No Comments
Social Justice Solutions - The Economy
During the week the Fed announced a plan to buy 40 billion dollarsof mortgage bonds monthly. By relieving banks of these mortgages, they hope stimulate more lending from banks in the hope that it will allow consumers to spend more. In addition, …
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