Housing and the Federal Reserve….

Bill Gross at Pimco is saying the Fed needs to let the 10 yr float above 4% to attract private investors like himself, while Mark Zandee notes the Fed needs to increase MBS purchases to drive the 10 yr back down and keep boosting refis….dueling economists baby

May 29, 2009. Tags: Bill Gross, Foreclosures, Housing, Inflation, Mark Zandee, Mo Mods, mortgage modifications, refi. Economy, Finance, Housing.