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The average mortgage is held for 8 years so theoretically they’d just age out if the fed stopped buying more.
by jdsully 5y ago
The average mortgage is held for 8 years so theoretically they’d just age out if the fed stopped buying more.
- kbelder 5y agoYeah, but the fed stopping buying would cause a huge shift in demand. You can't really depend on any other variables in the market holding steady when such a large distortion is removed.
- jdsully 5y agoThey stopped in 2014 and we didn’t die (although there was the taper tantrum a year prior).