Mortgage rates going up despite massive bailout – bonds selling
Posted on October 17th, 2008 by Zivanet
Why Mortgage Rates Are Rising Despite Government Efforts! by Mike Larson The government is throwing everything … and I do mean EVERYTHING … at the credit and mortgage markets. It has taken over Fannie Mae and Freddie Mac. It has agreed to buy Mortgage Backed Securities (MBS) in the open market. It has pledged to [...]
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