Adding water to the soap

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 Prometheus 6 on August 5, 2003 - 2:31am :: Old Site Archive
 
 

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