Comments on: 30 Year Mortgage Rate and Federal Funds Rate Chart http://investing.curiouscatblog.net/2008/11/04/30-year-mortgage-rate-and-federal-funds-rate-chart/ Wed, 12 Jun 2013 15:50:41 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Tony Cortez http://investing.curiouscatblog.net/2008/11/04/30-year-mortgage-rate-and-federal-funds-rate-chart/comment-page-1/#comment-3919 Tony Cortez Tue, 16 Dec 2008 20:11:46 +0000 http://investing.curiouscatblog.net/?p=356#comment-3919 All these problems about the economy is deeply rooted on mortgages. Homeowners cannot afford the amortization of their loans anymore. The best solution to this is to reduce mortgage interest rates for a 30-yr. fixed to a 4.5%. This way homeowners will be able to refinance and/or purchase new homes. Once this is done, people will not buy principal residence and/or refinance their existing home.

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