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Fed to Buy Additional Treasury Securities to Help Stimulate Economic Activity

The cost of mortgages and other loans could decline as a result of today's decision by the Federal Reserve to buy up to $300 billion of Treasury securities during the next six months and an additional $750 billion worth of mortgage-backed securities.

By Claude R. Marx | Updated on March 17, 2009

The cost of mortgages and other loans could decline as a result of today’s decision by the Federal Reserve to buy up to $300 billion of Treasury securities during the next six months and an additional $750 billion worth of mortgage-backed securities.

The decisions were made by the Fed’s Open Market Committee which said it was taking the actions because the nation’s economy has gotten worse in the last two months.

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