Healthy Healing Part II

Following on other points in the Roubini matrix as discussed last Friday, in point 4 Roubini suggests that interest on mortgages and consumer loans are pushing higher. In fact, the resets on many adjustable rate mortgages are going lower.  40% of all mortgages are based on Treasury rates, and cost of funds indexes. The later [...]

Tags: Adjustable Rate Mortgages, Consumer Loans, Indexes, Last Friday, Matrix, Roubini, Treasury Rates

This entry was posted on November 24, 2008 at 4:06 am and is filed under Today's Markets. You can follow any responses to this entry through the RSS 2.0 feed.