"Holding out for cheaper mortgages; Some borrowers wait to see how low federal efforts will drive rates" by Jenifer B. McKim, Globe Staff | December 12, 2008
Mortgage rates are approaching 5 percent, so of course, nobody's borrowing.
How's that?
Yes, even though rates on home loans are approaching historic lows, many prospective borrowers are apparently holding off, on the assumption that in just a few weeks they will be able to get even better deals....
Oh, that's why, huh? The borrower is holding back, hoping for a better deal? What an INSULT!!
Of course, the MILLIONS of JOB LOSSES have nothing to do with it!
Oh, and for those who allegedly got help?
The Help Homeowners Got
