To: Etoo
IMHO the problem is not with the Federal Reserve, but with congress for allowing lending institutions to sell adjustable rate mortgages.
19 posted on
02/15/2008 6:36:16 AM PST by
chainsaw
(Monica Lewinsky's ex-boyfriend's wife for Pesident ?....No Muslim in the WH either.)
To: chainsaw
"American consumers might benefit if lenders provided greater mortgage product alternatives to the traditional fixed-rate mortgage."~~Alan Greenspan, February 22, 2004
22 posted on
02/15/2008 7:09:53 AM PST by
Travis McGee
(---www.EnemiesForeignAndDomestic.com---)
To: chainsaw
>>with congress for allowing lending
>>institutions to sell adjustable rate mortgages.
Should congress also disallow floating credit card interest rates?
24 posted on
02/15/2008 9:19:01 AM PST by
Etoo
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