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How Do I Get 4.5%?

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Mortgage and Lending with Cornerstone Home Loans

The Treasury Secretary, Hank Paulson and the Federal Reserve Chairman, Ben Bernanke have decided that in order to get the housing market up and running again, they need to get (force) rates lower.  Unfortunately, there's no switch to flip or magic incantation to speak, you have to somehow manipulate the supply and demand of mortgage backed securities.  Well leave it to the brilliant minds on Wall Street to figure out how to do this.  Watch the video for more...


Comments (1)

Marie Ogle
Mortgage Processing Solutions - Spokane, WA
Contract Mortgage Processor

Great post, thanks for the information.  Good food for thought.

Jan 26, 2009 10:49 AM