The KCM Blog

Tuesday, January 26, 2010

What Happens When the Fed Exits the Market?

January 26, 2010

The Fed is scheduled to exit the housing market this spring. The Home Buyer Tax Credit ends on April 30, 2010 (the date the house must be in contract). The Fed has already announced that their program purchasing mortgage-backed securities will expire on March 31, 2010. Most anticipate a quick and dramatic rise in interest [...]

Read the full article →