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| User Info | What am I missing about ABX ?; entered at 2007-12-02 09:40:25 | |||
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Stazone72 Posts: 723 Registered: 2007-10-13 Chicago 
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This won't happen. Just the Treasury and FED talking up the market. If they lock the interest rates they will also have to rebate the yield premiums paid on the origination which assumed a long term rate. That's why all the banks got into them, they yielded 10%. But just as the borrowers get a freeze, the investors and banks will want their money back.
2007-12-02 09:40:25
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