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The Fed was responsible for low mortgage rates because they were purchasing MBS. Mortgage rates are currently back to something more historically normal. If y
by bequanna 4y ago
The Fed was responsible for low mortgage rates because they were purchasing MBS.
Mortgage rates are currently back to something more historically normal.
If you’re upset about anything, it should be a about rates being so low for so long, which drove up home prices.
- standardUser 4y agoThese are some big facts. The down-voters may lack some historical perspective.