Mortgage Rates- holy sh@t

Discussion in 'Trading' started by Trend Fader, Oct 29, 2008.

  1. ITS ALL TIED TO L.I.B.O.R.
    WHY THE BANK OF LONDON???
    SOMEONE IS MAKING A KILLING ON THE SPREAD-THING IS MORE PEOPLE DEFAULT WHEN RATES ARE HIGH-LESS EQUITY BUILDING-MONEY GOES INTO BANKS COFFERS/SHAREHOLDERS POCKET!
    REDUCE FIRST TIME HOMEBUYER RATES AND SMALL BUSINESS RATES TO 3% 3% 3% 3% 3%
    IT WILL END THIS WHOLE MESS
    OH AND A WORLDWIDE BUILDING MORATORIUM FOR A YEAR!
     
    #21     Oct 30, 2008