Friday, October 3, 2008

Mortgage Rates Rise Again

Talk about Double Penetration!!

You must be SORE from all the holes filled by bankers, America!!!


Of course, it is ALL part of the PLAN
: U.S. Banks Driving Credit Crunch ON PURPOSE!!

"Rates on 30-year mortgages up slightly" by Associated Press | October 3, 2008

WASHINGTON - Rates on 30-year mortgages have risen for a second straight week, climbing to the highest level in a month. Frank Nothaft, chief economist at Freddie Mac, noted the rise in mortgage rates from lows hit two weeks ago had dampened a spurt in refinancings. The Mortgage Bankers Association said loan applications fell 23 percent last week. --more--"

Which PUTS PRESSURE on CONGRESS to PASS the BAILOUT!!!!

CUI BONO?