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Lower Rates Benefit Richer Homeowners

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Mortgage Professional America | 21 Mar 2013, 10:10 AM Agree 0
The Federal Reserve’s policy of buying mortgage-backed securities to keep mortgage rates low may be bolstering upper tier home values rather than helping to make homeownership more affordable for entry-level buyers.
  • Dora | | 25 Mar 2013, 09:22 AM Agree 0
    Good post and it makes sense. Even in the midst of the cheap money and lower priced homes, those who have prevail while the have nots I would say are more vulnerable in the job market. That's a biggie.
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