The Mortgage and Financial Problems Are FAR from Over

The markets are working hard to make it appear that things are on the mend. Your mortgage rates have just went up about .25 in rate as of today for credit scores of 719 and below. This was done to be some more profit into the greedy system to pay off all the bad loans out there. That is a very simple answer to fixing the problems but the real question is : How many MORE of these loans are going to default?. The banks are being blown out with homes being dumped onto their laps. The stock market rally is just a struggle to survive. Be ready for some large stock market drops once these financial issues come into further light and have to be written off the books. Interest rates are being held down at the cost of beating the dollar to death and sooner or later rates will have to go up to bring back support for the very weak dollar. www.rateinformer.com