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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (743)	2/26/2004 1:09:55 PM
From: NOW	Respond to of 116555

IT IS OF COURSE possible, but gives him far too much credit where none is due. the man always was and remains a flea on the mangy dog of phony capitalism, ever since his days on Keatings lap

To: Jim Willie CB who wrote (743)	2/26/2004 1:24:40 PM
From: gregor_us	Read Replies (1) \| Respond to of 116555

by playing the best Keynesian inflationist role possible, he is working toward the gold solution That is beautiful.

To: Jim Willie CB who wrote (743)	2/26/2004 1:28:16 PM
From: mishedlo	Respond to of 116555

Heading for a fall, by fiat? The trouble with paper money economist.com

To: Jim Willie CB who wrote (743)	2/26/2004 1:29:59 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Inflation rates economist.com M

To: Jim Willie CB who wrote (743)	2/26/2004 1:34:05 PM
From: mishedlo	Respond to of 116555

Mortgage rates stay low 30-year loan unchanged at 5.58 percent while 15-year mortgage rate edges higher. February 26, 2004: 12:11 PM EST NEW YORK (CNN/Money) - Mortgage rates barely budged this week as the number of applications for home purchases and refinancing inched higher, lender Freddie Mac said Thursday. The rate on 30-year fixed-rate mortgages averaged 5.58 percent this week, with an average 0.7 of a point payable up front, unchanged from the previous week. The 30-year averaged 5.79 percent a year earlier. The 15-year mortgage rose slightly to 4.89 percent, also with 0.7 of a point payable up front, from 4.87 percent last week. A year ago it was 5.14 percent. The one-year adjustable rate mortgage (ARM) averaged 3.50 percent, with 0.7 of a point payable up front, versus 3.53 percent the previous week. A year earlier it averaged 3.83 percent. "Financial markets seem to have locked into this level of mortgage rates. There was very little movement either way this week," said Frank Nothaft, Freddie Mac chief economist. money.cnn.com