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Radical Transparency for the Mortgage and Real Estate Industries
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The Fed Lowers Mortgage Rates by .5%!

Started by JeffX · 1 year ago

Many people equate this news as a prerequisite to relief for the housing/credit/sub-prime-crunch. In reality, the only mortgage loans directly effected by this cut are home Equity Lines of Credit since they are tied to PRIME, which is tied to the Fed Funds Rate.

Last week (or so) the jobs report came in below analysts […]SHARETHIS.addEntry({ ... Continue reading »

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