rate cut have little to do with long term mortage rate.

回答: 你前一阵不是在看房吗?买了吗?芦苇葱葱2007-11-20 09:19:42

It may impact ARM however. As long as the confidence to buy mortgage security does not come back, long term rate is not going to go down significantly. The good party in the previous years might be gone forever. The sooner you turn your mind from old experience, the quicker you realize facts for near future.

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