NAR sent a letter to the Federal Reserve Board in regard to their latest efforts to boost the economy,
generally referred to as quantitative easing three or QE3. QE3 will be targeted at reducing mortgage interest rates via the purchase of agency mortgage backed securities (MBS). In the letter, NAR offered suggestions as to how to make these efforts more effective.
Comments: Federal Reserve Board on Efforts to Boost Economy
Issue Date: September 17, 2012
NAR sent a letter to the Federal Reserve Board in regard to their latest efforts to boost the economy,
generally referred to as quantitative easing three or QE3. QE3 will be targeted at reducing mortgage interest rates via the purchase of agency mortgage backed securities (MBS). In the letter, NAR offered suggestions as to how to make these efforts more effective.
Download the letter