Orange County Register

The Federal Reserve today is buying the last of the $300 billion in government bonds it pledged to purchase to maintain low interest rates and stimulate housing and the economy.

But will mortgage rates go up as a result? Maybe not on loans that can be sold to Fannie Mae and Freddie Mac, because the Fed will continue buying mortgage securities issued by those government controlled companies until the end of March.

What’s your vote? (Note: There are 100 basis points in one percent.)

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