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St. Louis Real Estate - Mortgage News - Ride the Rate

http://www.stlouisrealestatevoice.com Posted by doug63026 364 days ago

Another hectic Monday on the bond market; today was not so much a flight to safety as it was Wall Street trying to paint the Fed into a corner and force them to lower interest rates. See Jim Jubaks article about forcing the fed to act.

Then you have the proposal by U.S. Treasury’s Henry Paulson to help put a freeze on the rate changes for millions of American’s facing rate hikes on their adjustable rate mortgages.

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