Will the Fed Rescue the Housing Market?
Update: 2025-09-16
Description
Is the Fed strangling the housing market? PIMCO urges a change in the Fed's mortgage bond strategy, arguing that reinvesting in mortgage bonds could slash rates and boost affordability, potentially mirroring a 1% rate cut. Sticking to the current path, warns PIMCO, could keep homeownership out of reach for years to come.
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