The Federal Reserve has stopped buying up mortgages, something it began doing during the financial crisis to prop up the housing sector. Mortgage rates have been creeping up in recent days. The Fed has promised to step back in if the market encounters serious problems, but analysts are hoping the market can function again on its own.
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Full story at http://www.npr.org/templates/story/story.php?storyId=125890792&ft=1&f=1006
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