MBA Reading Rates: Nov = 4.0% = hovered above its record low for a fifth straight week.

[mEDITate-OR:
wonder why there is not apparent economic effects...
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Not only is the non-recovery recovery in an "L" shape.
But, now the RE mortgage interest rates are "stuck" 
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Question:
When the Fed switched over to buying long term TBills
did they also switch over to pegging the RE mortgage interest rates - alone?
Leaving the rest of the short term bond market to bounce around with "market forces"?
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IF they did that, very wise.
Will cost them a ton less money, to do what needs to be done.
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MBA Reading Rates: Nov = 4.0% =
http://paper-money.blogspot.com/2011/11/reading-rates-mba-application-survey_30.html
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hovered above its record low for a fifth straight week.
http://www.marketwatch.com/story/30-year-mortgage-averages-4-freddie-mac-2011-12-01?link=MW_latest_news
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