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The Real Estate Market Is Taking It on the Chin
The Feds decided starting in 2008 and then of course when COVID hit to have a zero interest rate policy. The federal government bought over $3 trillion of mortgage backed securities over the last six years. And bottom line is the entire mortgage backed security market in one year is only two trillion. So, you know, it all, all this bodes well for us. It's an opportunity for both sides.