America’s remarkable mortgage system (30-year fixed rates with unlimited refinancing) is working its magic -> 20 million borrowers can lock in historically low interest rates through refinancing. Exposes lenders to some really nasty risks unless GSE-backstopped. @SoberLook https://t.co/fHzEd0y6pM
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…