http://www.cosmictap.com/the-fed-is-between-a-rock-and-a-very-hard-place/ Miscellaneous Affronts To Your Assumptions Wed, 01 Feb 2012 09:03:19 +0000 hourly 1 http://wordpress.org/?v= http://www.cosmictap.com/the-fed-is-between-a-rock-and-a-very-hard-place/comment-page-1/#comment-776 Josh Mon, 10 Sep 2007 18:44:34 +0000 http://www.cosmictap.com/the-fed-is-between-a-rock-and-a-very-hard-place/#comment-776 Unfortunately the Fed will likely lower the target rate because it has already lowered the discount rate. I wouldn't be surprised if Congress starts passing legislation soon that requires people to only buy fixed rate mortgages. Stupidity invites stupidity... Unfortunately the Fed will likely lower the target rate because it has already lowered the discount rate. I wouldn’t be surprised if Congress starts passing legislation soon that requires people to only buy fixed rate mortgages. Stupidity invites stupidity…

]]> http://www.cosmictap.com/the-fed-is-between-a-rock-and-a-very-hard-place/comment-page-1/#comment-6267 Josh Mon, 10 Sep 2007 16:44:34 +0000 http://www.cosmictap.com/the-fed-is-between-a-rock-and-a-very-hard-place/#comment-6267 Unfortunately the Fed will likely lower the target rate because it has already lowered the discount rate. I wouldn't be surprised if Congress starts passing legislation soon that requires people to only buy fixed rate mortgages. Stupidity invites stupidity... Unfortunately the Fed will likely lower the target rate because it has already lowered the discount rate. I wouldn’t be surprised if Congress starts passing legislation soon that requires people to only buy fixed rate mortgages. Stupidity invites stupidity…

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