America’s mortgage market sickens

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Mortgage bankers warn Fed mortgage purchases unbalanced market, forcing margin callsThe Mortgage Bankers Association warned that the housing market could face a ” large-scale disruption,” due to actions by the Fed that were meant to help the mortgage market.
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Op-Ed: With today's market volatility, the '4% rule' creates risk for America's retireesWhile some of the underlying thinking behind the so-called 4% rule was prudent, it was hatched in an era in which interest rates were much higher, capital markets less volatile and, most important, Americans had shorter lifespans. Given today's market volatility and changed retirement landscape, it's safe to assume that the 4% rule may be obsolete.
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