Mortgage Drops – Possibilities and Outcomes

Mortgage Drops
Federal Reserve Chairman Ben Bernanke requested the government to ramp up efforts to stop soaring home foreclosures.  The foreclosures taking place today are feeding into USA ’s deep economic troubles.
 
Bernanke’s speech came as Freddie Mac reported that interest rates on 30-year fixed-rate mortgages slid 0.44 percentage points – the biggest weekly drop in 27 [...]