Rising Mortgage Rates Caused By TARP – Crude Hits $75 – October 15, 2008
February 28, 2010 by
Filed under mortgage rates
FDIC loan guarantees, Fannie & Fannie buys of Toxic mortgages, and the TARP is resulting in higher yields, wider GSE Debt spreads and higher mortgage rates, which are signs that The Great Credit Crunch remains in the third inning with that one-year rain delay. The TARP is now on the infield, but covering a swamp [...]