Trending Thursday: Housing, mortgage finance getting a break from Washington?

Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance

It's official: NYDFS Superintendent Ben Lawsky stepping down

4 years as leader of “long reach” New York financial regulator
W S
Investments / The Ticker

Fed's low rates are key to housing recovery

/ Print / Reprints /
| Share More
/ Text Size+

Nobel Prize-winning economist Paul Krugman said the Federal Reserve must keep interest rates low to sustain the U.S. housing recovery.

“We have the beginnings of a housing recovery, it’s just starting to kick in," the Princeton University economics professor said. "If the Fed were to raise rates, they would kill that."

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus