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U.S. Counting on Foreign Buyers for Mortgages

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"The Federal Reserve is scheduled at the end of March to halt its purchases of mortgage-backed securities, a move that could drive up the low interest rates that have helped the housing market show new signs of life," according to the Post. "The Fed is gambling that private investors will step in to buy the securities, helping to keep rates from spiking."
SOURCE:   Washington Post

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