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Conventional wisdom states that mortgage rates shall increase once the Federal Reserve reteats from its unprecedented move into the market March 31st. However, if this were to be true - you'd think the market would be sniffing it out ahead of time and we'd already see a moderate increase. Instead, long term rates remain fixed near 5%. Aside from the bullish views below, some very smart people are speculating that the Christmas Eve massacre [Jan 5, 2010: WSJ - The Treasury Department's Christmas Eve Masscare of the US Taxpayer] was an under the table way to hand off the responsibility of suppressing mortgages from the Federal Reserve to Fannie & Freddie. (aka FanFredron)
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