http://www.therealestatebloggers.com/2007/09/26/after-fed-rate-cuts-mortgage-rates-continue-to-rise/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.therealestatebloggers.com/2007/09/26/after-fed-rate-cuts-mortgage-rates-continue-to-rise/comment-page-1/#comment-77715 Sam Chapman Fri, 28 Sep 2007 13:15:09 +0000 http://www.therealestatebloggers.com/2007/09/26/after-fed-rate-cuts-mortgage-rates-continue-to-rise/#comment-77715 What nobody is saying, at least in the mainstream press, is that the big buyers of mortgage backed commercial paper are wary about buying loans. They got burned by bad loans and are holding back. The small cut the Fed made didn't give these investors the confidence they need. Only time will do that. What nobody is saying, at least in the mainstream press, is that the big buyers of mortgage backed commercial paper are wary about buying loans. They got burned by bad loans and are holding back. The small cut the Fed made didn’t give these investors the confidence they need. Only time will do that.

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