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US plan to curb mortgage rates falters

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http://www.ft.com/cms/s/0/cdc6691c-f633-11dd-a9ed-0000779fd2ac.html


The US Federal Reserve’s efforts to drive mortgage rates lower by purchasing home loans have faltered and rates have risen over the past month.


The rise in rates is a disappointment to government officials, who had hoped that a steep fall in house prices and low financing costs would lure new buyers into the nation’s depressed housing market.


curb 制御する

falter つまずく,よろめく

lure 誘惑する

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