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Strategies & Market Trends : Currents of Currency
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From: The Wharf10/3/2012 12:44:17 PM
   of 594
 
research.stlouisfed.org

So now we know why the FED is buying mortgages.
Delinquency rate is not decreasing as it should be but is increasing.

If the economy had been doing better this would not be, as there has been so many mortgage adjustments. How do you adjust for an increase in price of every day needed items and add that into payments ? These restructured mortgage payments are being met with decreasing wages and of course shrinking dollar value.,

Property values increase and decrease but not like they did with the bogus acceptance standards of banks. Most periods of time have had an gradual drop in value and a slow rebuild. Free market value of property which portrays the economic state of the area. In this case we have been dealing with how to create value our of non value.
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