Meridith Whitney, famous banking analyst says, “Mortgage rates are gonna rise” when the Fed eventually begins to cut back or stops buying mortgage backed securities because no one else is buying mortgage backed securities.
“Mortgage rates are gonna rise”
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MPS 11.17.09 at 5:16 pm
That’s not all she said…..
House prices will slide further down the slippery slope.
Equities are over-valued.
And the chinese said….. we no wike you amewika bwow up nu bubbo. u amewika bad fo ho wowd.