Japan lifts neediest homeowners

Homebuyers are getting an unexpected boost from the Bank of Japan. 

As Governor Haruhiko Kuroda’s efforts to spark inflation by doubling the central bank’s asset purchases shrinks the available debt in Japan, investors are betting that will bolster demand for Ginnie Mae mortgage-backed securities, pushing up prices and lowering yields that guide home-loan rates. 

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3d rendering of a row of luxury townhouses along a street

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