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BREAKING: Bernanke sets conditions for slowing down MBS purchases

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Mortgage Professional America | 19 Jun 2013, 09:00 AM Agree 0
Following the conclusion of the Fed's two-day meeting, Federal Reserve chairman Ben Bernanke has revealed the Bank's plans for the future, and conditions needed to be met to begin tapering MBS purchases.
  • Banker | | 19 Jun 2013, 02:23 PM Agree 0
    The information I just reviewed on CNBC stated the Fed voted to continue the $85billion purchase as necessary. Also; they expected to keep rates low through 2015. Rates are going to increase but today's reaction in my opinion was unwarranted
  • Bill Milano | | 20 Jun 2013, 05:14 AM Agree 0
    It seems like the real estate market is getting better but in reality it is not. Prices are going up because of inventory. Most of the sales are investors. they made it so hard for the average consumer to purchase.
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