Mortgage Rates Bounce Back Above 5 Percent

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eibhearame of ID 9:04PM March 23, 2010

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Online Payday Loans of AL 2:16AM May 01, 2009

It's gotten to the point where this economy is addicted to consumers spending wayyyyyy beyond thier means and borrowing heavily against the only real asset most people own (their home) and therefor the economy is addicted to unrealisticly low rates in order to function. It sick and I don't see how it will get corrected unless foreigners stop buying our debt.

Patrick of 10:02PM January 25, 2009

Hate to say it, but mortgage rates should be about 8% and they never should have been below 7%. We've been kidding ourselves.
If YOU were selling a house and providing the owner financing yourself, what rate would you want to loan at---given inflation AND the risk of your buyer defaulting?

of 12:10PM January 23, 2009