Positive News On Real Estate » Recovery to be Quick? http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Recovery to be Quick? http://www.positiveonrealestate.com/pr/40 http://www.positiveonrealestate.com/pr/40#comments Sun, 04 Jan 2009 04:22:41 +0000 admin http://www.positiveonrealestate.com/?p=40

“Housing will probably bottom out by spring, many forecasters now argue. The Federal Reserve will play a role in making this happen by buying mortgage-backed securities and, in doing so, lowering the rate on 30-year mortgages to less than 5 percent, which is roughly the present level. That will encourage not only home buying, but also refinancing.”

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