Stop the panic; hold the sugar
Commentary: All now hangs on the real economy
By Lou Barnes, Friday, April 25, 2008.Long-term mortgage rates this week stayed about where they were last week, close to post-January highs: 30-year-fixed mortgages were just above 6 percent, and the 10-year T-note was at 3.82 percent.
However, the situation is changing and thick with propaganda. The keys: the difference between a retreat from panic and return to health, and rising global inflation.
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