Real Estate World: Ups and Downs
The latest news of interest to residential homeowners
Thursday, August 9, 2012
NYTimes: With Rates Low, Banks Increase Mortgage Profit
From The New York Times:
DEALBOOK: With Rates Low, Banks Increase Mortgage Profit
Bundling mortgages and selling them to investors is helping banks make big profits even as they charge lower interest rates.
http://nyti.ms/NkiUuk
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