The Federal Reserve began winding down its agency mortgage-backed securities (MBS) purchase program, announcing $2bn fewer purchases for the week ending September 30.

October 5, 2009 by
 
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John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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