Housing Finance System
Witnesses testified about the mortgage financing industry. They said 30-year fixed mortgages at low interest rates could cease to exist if g… read more
Witnesses testified about the mortgage financing industry. They said 30-year fixed mortgages at low interest rates could cease to exist if government backing for home mortgages goes away. They focused on operations of the “to be announced” (TBA) market, the role of the government-sponsored housing enterprises, and factors influencing long-term interest rates. close
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