lower interest rates: Mortgage Market News and Commentary - 08/09/10 11:04 AM
OK...when will it stop? "Why" should continally decreasing interest rates stop? Isn't that "good" for the economy.
Well, look at it this way - if you were an investor and the return on your investments kept going down, down, down - how would you feel?
Someone has to buy the mortgages, right; and there has to be some positive (employment, housing, manufacturing, something...) to get markets trending up again.
As much as we all like low interest rates, I'm not a fan. Sorry, but for our economy to pull itself out of this "malaise" (remember Jimmy Carter?), rates need to go … (0 comments)

 
Al Rodenburg Mortgage Banker, NMLS 272775, Professional mortgage lending service since 1996 (Chase Bank) Rainmaker large

Al Rodenburg Mortgage Banker, NMLS 272775

Professional mortgage lending service since 1996

Houston, TX

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Chase Bank

Address: 8421 Cypresswood Dr, Spring, TX, 77379

Office: (281) 402-3650

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Thoughts on the continuing evolution of the mortgage industry.


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