
Trump’s Mortgage Move Sparks “QEx” Debate and Rate Skepticism
The post is a response to affirmation that housing finance agencies will implement the order of President Trump to buy mortgage-backed securities worth up to 200 billion dollars. This action was instantly compared to quantitative easing and Richard Mize called it QEx. The response is less enthusiastic and more surprised. To a large part of the observers, the policy is not new. It reverberates on interventions of the crisis times. But it is the timing that is questionable. Questions Over Transmission of Rates Mize openly wonders how this would in fact drive the mortgage rates down. The inflation has already…








