Mortgage Blog

Fed says Operation Twist will continue and rates to stay low.  Good for mortgage rates. Now if we'd loosen up the purse strings and make programs avaialble that the average person could qualify for, we might begin to see some economic recovery.  House purchases would pick up, banks could get rid of excess inventory, more mortgages could be modified. etc.  It's a borrowing economy in the U.S today.

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