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

To: Skeeter Bug who wrote (196058)4/13/2009 8:52:45 AM
From: John ChenRespond to of 306849
 
"were those loans at below market rates so these banks could generate income off of them?"

Need we say less.

Yes.



To: Skeeter Bug who wrote (196058)4/13/2009 5:32:12 PM
From: The ReaperRespond to of 306849
 
You have to remember that the big banks are borrowing from the Fed at 1/4% or lower. That is the market rate.


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