firehand

Prometheus 6   

Do not make the mistake of thinking that because my conclusion is the same as another person's that my reasoning is the same

August 05, 2003

 

Adding water to the soap of the housing bubble

Surge in Rates May Hurt Pillar of the Economy
By EDMUND L. ANDREWS
A little more than a month after the Fed reduced its overnight lending rate, mortgage rates have shot up, abruptly stalling many howeowners' plans to refinance.

posted by Prometheus 6 at 8/5/2003 07:31:15 AM |

Posted by P6 at August 5, 2003 07:31 AM | Trackback URL: http://www.prometheus6.org/mt/mt-tb.cgi/66
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