General World News

MBA, NAR, NAHB call on the Fed to provide market certainty about its rate path

A coalition of housing trade groups — including the Mortgage Bankers Association (MBA), National Association of Realtors (NAR) and National Association of Home Builders (NAHB) — called on the Federal Reserve to provide market certainty about the Fed’s rate path and its plans for the mortgage-backed securities (MBS) portfolio.

Ongoing market uncertainty about the Fed’s rate path has “exacerbated housing affordability and created additional disruptions for a real estate market that is already straining to adjust to a dramatic pullback in details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com