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I believe they bought residential MBSs, which is one of the reasons why mortgage interest rates went so low. They may have bought commercial MBSs, but if they d
by GenerWork 2y ago
I believe they bought residential MBSs, which is one of the reasons why mortgage interest rates went so low. They may have bought commercial MBSs, but if they did I don't remember reading about it.
- metaphor 2y ago> They may have bought commercial MBSs, but if they did I don't remember reading about it. Readily accessible, public data that the Fed updates weekly[1] clearly shows $9.943 billion at peak and currently sitting on $8.142 billion. [1] https://fred.stlouisfed.org/graph/?g=1qE9d https://fred.stlouisfed.org/graph/?g=1qE9d