Feds Policy Rippling Thru the Housing Market

[tsptalk]

How the Fed’s Policy Shift Is Rippling Through the Housing Market
The central bank had been the biggest buyer of mortgage bonds, but now it is stepping back and borrowing costs are rising

“When you go from quantitative easing to quantitative tightening in two months, this is what happens,” said Walt Schmidt, a mortgage strategist at FHN Financial.

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