Comments on: Rate Cut? “Meh.” http://blownmortgage.com/2008/10/29/rate-cut-meh/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 07 Nov 2009 02:53:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Baltimore Real Estate http://blownmortgage.com/2008/10/29/rate-cut-meh/comment-page-1/#comment-71207 Baltimore Real Estate Mon, 03 Nov 2008 14:02:29 +0000 http://blownmortgage.com/?p=1543#comment-71207 "Meh" is a pretty good way to describe the reaction Frank. Of course, now that we know GDP shrank .3%, with expectations that the 4th quarter will show more "shrinkage," (and leading to the dreaded "R" word), it's hard to say how consumers will react. More telling for the mortgage world, there were days last month when Treasuries declined while 30-yr. mortgage rates actually increased....seemingly "out of whack." “Meh” is a pretty good way to describe the reaction Frank. Of course, now that we know GDP shrank .3%, with expectations that the 4th quarter will show more “shrinkage,” (and leading to the dreaded “R” word), it's hard to say how consumers will react. More telling for the mortgage world, there were days last month when Treasuries declined while 30-yr. mortgage rates actually increased….seemingly “out of whack.”

]]> By: Baltimore Real Estate http://blownmortgage.com/2008/10/29/rate-cut-meh/comment-page-1/#comment-12110 Baltimore Real Estate Mon, 03 Nov 2008 13:02:29 +0000 http://blownmortgage.com/?p=1543#comment-12110 "Meh" is a pretty good way to describe the reaction Frank. Of course, now that we know GDP shrank .3%, with expectations that the 4th quarter will show more "shrinkage," (and leading to the dreaded "R" word), it's hard to say how consumers will react. More telling for the mortgage world, there were days last month when Treasuries declined while 30-yr. mortgage rates actually increased....seemingly "out of whack." “Meh” is a pretty good way to describe the reaction Frank. Of course, now that we know GDP shrank .3%, with expectations that the 4th quarter will show more “shrinkage,” (and leading to the dreaded “R” word), it's hard to say how consumers will react. More telling for the mortgage world, there were days last month when Treasuries declined while 30-yr. mortgage rates actually increased….seemingly “out of whack.”

]]> By: Jesse W. http://blownmortgage.com/2008/10/29/rate-cut-meh/comment-page-1/#comment-12109 Jesse W. Wed, 29 Oct 2008 23:52:02 +0000 http://blownmortgage.com/?p=1543#comment-12109 While cutting rates should help the consumer, it might ultimately hurt because companies issuing credit are going to get much more strict because they are the ones that will be losing money!<br><br>Jesse W.<br><a href="http://www.subprimeblogger.com" rel="nofollow">http://www.subprimeblogger.com</a> While cutting rates should help the consumer, it might ultimately hurt because companies issuing credit are going to get much more strict because they are the ones that will be losing money!

Jesse W.
http://www.subprimeblogger.com

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