the interest rates on mortgage loans are based on prime?
Posted in Renting & Real Estate on 01/12/2009 03:35 pm by admin
steve b asked:
when allen greenspan changed the interest rates to rise on home loans to stop inflation he was obviously wrong..when he was replaced, the interest rates based on prime started to decline to prevent stagflation.as of now, where do think the prime rate will go…higher to stop inflation or lower to create stagflation?
Caffeinated Content
when allen greenspan changed the interest rates to rise on home loans to stop inflation he was obviously wrong..when he was replaced, the interest rates based on prime started to decline to prevent stagflation.as of now, where do think the prime rate will go…higher to stop inflation or lower to create stagflation?
Caffeinated Content