Brian S. Icenhower's Article in Mortgage

2531 How the U.S. Federal Reserve Lost Control of Mortgage Rates
Despite the United States Federal Reserve Board’s diligent attempts to stimulate the economy throughout the year of 2008 by repeatedly reducing the Federal Funds rate, the typically correlating thirty-year average mortgage rate stubbornly remained unchanged through the first quarter of 2009
Posted on Feb-25-2009