The Federal Reserve’s decision to end its era of easy money is rippling through the mortgage market, driving up the cost of buying a home.
The central bank had been the biggest buyer of pools of home loans since the start of the pandemic. Now , winding down its purchases and laying the groundwork to shrink the $2.7 trillion stockpile it has built up. These mortgage-backed securities, hot investments for much of the pandemic, are now selling off.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: WSJ - 🏆 98. / 63 Прочитайте больше »