Fed Cuts, Mortgages, Junk Bonds, & John Galt
Apr 29th, 2008 | By Bob Broad | Category: Finance-MortgagesI’ve been asked why Fed rate cuts have not resulted in lower mortgage rates. This question came up from two clients yesterday. Last night I sat down last night to write about it, and ran across this post in Transparent Real Estate.
Pat does such a great job laying this out, I was [...]
