Sunday, November 8, 2009

Mortgage What Caused The Home Mortgage Rates To Sky Rocket, Causing People Being Unable To Pay Their Monthly Mortgages?

What caused the home mortgage rates to sky rocket, causing people being unable to pay their monthly mortgages? - mortgage

The recession has been done by humans, not in a position to have to pay their mortgage, because mortgage rates are too high, causes?

The banks can not recover their money from homeowners has been causing a contraction of credit, they give not able to focus on large companies.

Large companies have had to lower their costs and began to draw people to thousands of people.

So what has caused mortgage rates to rise so high that this financial mess started in the first place?

1 comment:

i love Ginger said...

Barney Frank, Chris Dodd, acorn, and all other Democrats forced banks to people who could never pay them .. give

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