Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The article and research done by these Federal Reserve Bank of NY senior economists was done simply to try to find an answer to the question: Does 50 year lows in mortgage rates substantially increase housing values? Their conclusion was that it has a positive impact but not substantially.

Many market commentators have assumed that the $120B/month buying of US Treasuries and MBS by the Federal Reserve is creating an asset bubble in US home values, according to this paper, it's not having a substantial impact...