The housing market is "the most glaring example of QE2′s failure," Cullen Roche writes. Since...

|By:, SA News Editor

The housing market is "the most glaring example of QE2′s failure," Cullen Roche writes. Since Bernanke touted "lower mortgage rates [that] will make housing more affordable" as part of his early sales pitch for stimulus, the Fed has been silent on housing market - "and that’s because mortgage rates have spiked and housing conditions have become anything but easier."