Deluge of mortgage interest rate resets ahead
"The ARM resets will hit hard the subprime borrowers and therefore we have a huge amount of trouble ahead of us," said Torsten Slok, senior economist at Deutsche Bank in New York.
Tuesday: NY Fed Mfg
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Fall Back Below 7%
Last Friday was notable in that it was the first day ...
8 hours ago
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