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Fed not just "supporting" the housing market

Discussion in 'Financial Cents' started by Tango3, Sep 28, 2009.

  1. Tango3

    Tango3 Aimless wanderer

    Thefed is the market!!![own2]

    Federal Reserve Buys More Than 100% of Mortgages Issued in 2009

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    Monday, September 28, 2009, 11:13 am, by cmartenson
    What follows is a snippet from the most recent Martenson Report (Housing and Wealth: Part II).
    <hr> This is important information. What I've found and present below is that the Federal Reserve is not just supporting the housing market, it is the housing market.
    Just as important as a person's desire to buy a home is their ability to gain access to mortgage funding.
    The mortgage market is a gigantic beast with many moving parts, but it is pretty easy to understand from a high level.

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