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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage rates poised to jump as Fed cuts funds

By Implode-Explode Heavy Industries

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"The Federal Reserve is poised to turn off a major money spigot that has helped sustain the ailing real estate sector, as an extraordinary program under which the Fed has pumped $1.25 trillion into the mortgage market is slated to end March 31."

Full post as published by Mortgage Lender Implode-o-Meter on February 15, 2010 (boomark / email).

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