Tuesday, July 15, 2014

Will The Fed End The Stimulus Bond Buying Program?

The Federal Reserve, our 'Mother' banking nerve, has been tapering off the buying of mortgage backed securities at every committee meeting since the end of last year.

Remember, we all freaked out? Thinking rates would sky-rocket?

Rates have still remained relatively low....yeah, yeah, yeah 'for historical rates'!

At any rate....pun intended....expect that they likely will discontinue the stimulus program as we continue to improve our own economy. They've helped for a long time and seems like this, one of the last few bandaids, may be getting pulled off before the end of 2014.

Lauren Lefkowitz Greber ~ Realty Executives Valencia

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