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Bill Curtis

Prime is 1%, FHA loan rate in Utah is around 7% Who is on the take?

It seems to me that there is too much margin between what the banks buy their money for and what the typical lender must pay.

 

Are the banks making up profit margin at the expense of the taxpayer?   The intent of the infusion money was to eventually stimulate the buyers to make

buy decisions and get the economy rolling.  Who is watching the hen house?

 

Bill

Published Monday, October 27, 2008 8:02 PM by Bill Curtis

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