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The Fed offers to buy some dodgy mortgage loans, and markets rejoice
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In the past week markets suddenly turned leery of Fannie's and Freddie's debt, driving up mortgage rates in the process.
Yves Smith
--correctly, I think--describes today's Fed action as coming "as close as one can without an act of ... |
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... (or cash enhancement) loan to the fees charged for taking a cash encroachment on your own prestige card. Can private help? Mortgage Rates Auto Loans Credit Cards Mortgages Auto Refinancing Loans Bankruptcy Auto Loan Home Equity Loans. |
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