US Interest Rates Zero to 0.25% and soon 4.5% US mortgages
Hale Bonddad Steward at Huffington Post has a lot of charts that show the bad financial situation ... to refinance a mortgage at 4.5%. The Fed and the Treasury appear ready to start buying up large quantities of securities -- government debt, mortgages, commercial loans, even stocks -- from banks [more...]
Date: 2008-12-16 20:29:22
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