They recently authored an interesting article in the Capital Gazette called: The Realities of Real Estate: The Federal Reserve System which I highly recommend to update your knowledge on the topic.
One excellent clip: “With QE3, the Fed will buy $40 billion in mortgage backed securities every month for an unspecified amount of time. On the positive side, that will keep mortgage rates low. But, there’s a price to be paid for this policy.”
Many thanks to Bob and Donna for the article and for helping to educate real estate professionals on this important and critical topic.