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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (24397)10/10/2004 3:47:11 PM
From: GraceZRead Replies (2) | Respond to of 306849
 
It's not possible to know what cash rates would be in the absence of the Fed's control of short term money rates. There hasn't been a free market in short rates for as long as anyone can remember. Only the free market can determine what they should be and we don't have that. That said, the free market has set long rates and mortgages far above free.