As the Federal Reserve finally pulls out its continued support to the housing markets, the sector is poised to witness major changes in the near future.
While the announcement by the Fed to stop further purchases of mortgage loans to shore up the sector is not exactly a bolt out of the blue, the actual event is still likely to leave a trace of uncertainty and fear in the minds of investors. However, so far the market has not shown any drastic changes following the news of the Fed pullout. [Read more…]