Mortgage Blog

WSJ: Fed Considering Resumption of MBS Purchase Program

August 3rd, 2010 6:54 AM by Eric Fang

The WSJ published a story today implying the Federal Reserve was considering the idea of reinvesting MBS prepays back into new production TBA MBS. Read "reinvesting" as the Fed resuming their large scale asset purchase program. Quotes from the story lead us to believe the "leak" originates from someone inside the St.Louis Fed....

So yes, 4% of 30 yr fixed rates seems like possible to me.

Posted in:General
Posted by Eric Fang on August 3rd, 2010 6:54 AM



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