Credit crunch fixes? Policymakers need to get on with it
Commentary: Adequate supply of credit should be top priority now
By Lou Barnes, Friday, February 22, 2008.Long-term mortgage rates are beginning to trickle back down from the peculiar spike of the last two weeks. The lowest-fee mortgages went from 6.375 percent to 6.25 percent; the 10-year T-note went from 3.9 percent to 3.8 percent -- the immense spread is a measure of deepening crunch.
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Copyright 2008 Lou Barnes
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