The Federal Reserve has been discussing the sale of mortgage-backed securities, but it’s unlikely to take action until short-term interest rates are raised from a record low, a top Fed official said Wednesday. In a question-and-answer session after her speech, Fed Governor Elizabeth Duke Wednesday said the U.S. central bank must communicate clearly when and how those securities will be sold so as not to surprise the markets.
Fed’s Duke: mortgage bond sales unlikely before interest rate move
Most Popular Articles
Latest Articles
Spring housing market gets more inventory
We’ve now had back-to-back weeks of healthy housing inventory growth, making spring 2024 much healthier than spring 2023.
-
The best real estate podcasts for agents and brokers in 2024
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program