Schemes is right! Whatever happened to free markets? Paulson and the Goldman boys are changing the very landscape of what made our country great..just my opinion of course.
(Clusterstock.com)Still very few details on this, though CNBC added some more odd reporting, namely that the idea is to spur the purchase of new housing units, not necessarily to producer more refis. We can see why the Treasury would like to do that, since the housing glut is a killer, but how do you go about targeting reduced rates at new housing, and not refis? Plus, there's the concern we addressed below: Who would take out a mortgage today with this news hanging out there?
Read the entire piece
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment