Buying mortgage backed securities is Boomer Stimulus

By flooding the mortgage market with wave after wave of liquidity, more than one year after the start of the pandemic and in an environment of zero percent interest rates, the Fed is still stimulating the sellers of homes. It is actively working against the interests of first time homebuyers, who increasingly cannot transact at today’s home prices. Low mortgage rates are good, but not when they foster an environment...

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source https://thereformedbroker.com/2021/07/14/buying-mortgage-backed-securities-is-boomer-stimulus/