The Santa Fe Housing market continues to improve slowly.

What more can the Federal Reserve do to help the home-building industry?

That was the question in the air when Fed Chairman Ben Bernanke took the podium Friday at the National Association of Home Builders’ International Builders Show for a keynote speech.

Thanks to Fed monetary policy, interest rates on 30-year fixed mortgages are already at or near their lowest levels in recorded history, making it cheaper than ever for consumers to finance the purchase of a home. And two weeks ago, Mr. Bernanke signaled publicly that short-term interest rates will remain low through 2014.

Read more: http://blogs.wsj.com/developments/2012/02/10/bernanke-no-silver-bullet-for-housing-woes/

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