You guys have to realize that the Fed. and Gov’t don’t set interest rates especially mortgage rates. Those are based on the bond market (10 yr) and if the bond market doesn’t like what the Fed is doing and treasuries rise then the Fed loses it’s power. Liquidity is being thrown into the market as commercial credit is drying up. If that locks then the bond rates explode as will mortgage rates. We could very well be close to that point right now.
People losing their houses is not because of the interest rate. They can’t afford the house in the first place PERIOD. The only way to fix the problem is to have a mild controlled recession while let the housing bubble deflate. However, it is far more difficult to do than simply saying it.
People losing their houses is not because of the interest rate. They can’t afford the house in the first place PERIOD. The only way to fix the problem is to have a mild controlled recession while let the housing bubble deflate. However, it is far more difficult to do than simply saying it.
People losing their houses is not because of the interest rate. They can’t afford the house in the first place PERIOD. The only way to fix the problem is to have a mild controlled recession while let the housing bubble deflate. However, it is far more difficult to do than simply saying it.
People losing their houses is not because of the interest rate. They can’t afford the house in the first place PERIOD. The only way to fix the problem is to have a mild controlled recession while let the housing bubble deflate. However, it is far more difficult to do than simply saying it.
People losing their houses is not because of the interest rate. They can’t afford the house in the first place PERIOD. The only way to fix the problem is to have a mild controlled recession while let the housing bubble deflate. However, it is far more difficult to do than simply saying it.
True but the direction interest rates go will affect the rate of price deflation just as job losses and tightened lending standards will. Until all of those issues are fully addressed in the markets we won’t see bottom.
True but the direction interest rates go will affect the rate of price deflation just as job losses and tightened lending standards will. Until all of those issues are fully addressed in the markets we won’t see bottom.
True but the direction interest rates go will affect the rate of price deflation just as job losses and tightened lending standards will. Until all of those issues are fully addressed in the markets we won’t see bottom.
True but the direction interest rates go will affect the rate of price deflation just as job losses and tightened lending standards will. Until all of those issues are fully addressed in the markets we won’t see bottom.
True but the direction interest rates go will affect the rate of price deflation just as job losses and tightened lending standards will. Until all of those issues are fully addressed in the markets we won’t see bottom.
