tag:blogger.com,1999:blog-1141932539860553199.post3683233972169539287..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Economic Myth Of The Week: Mortgage interest rates are at an all time lowMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1141932539860553199.post-81998976214068250332010-02-05T17:47:03.720+00:002010-02-05T17:47:03.720+00:00Great post, Mark. Sheds a lot of light on how bank...Great post, Mark. Sheds a lot of light on how banks manage to make profits even with quite high default rates.<br /><br />By the way, you also didn't factor in the high "arrangement fees" that they typically charge for high LTV mortgages.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-14190872647944934262009-03-10T06:34:00.000+00:002009-03-10T06:34:00.000+00:00I hope it will keep lower for a while because I ne...I hope it will keep lower for a while because I need to refinance for my <A HREF="http://www.home-point-mortgage.com/" REL="nofollow">home point mortgage</A> and it must be done in a few monthsUnknownhttps://www.blogger.com/profile/15282549510332129507noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-11578131916778361212009-03-09T15:25:00.000+00:002009-03-09T15:25:00.000+00:00Also during much of the 1970s interest rates were ...Also during much of the 1970s interest rates were as much as 6-8% but inflation was 10-15% so there was a real interest rate of about -5%.neil craighttps://www.blogger.com/profile/09157898238945726349noreply@blogger.com