Having done it once are the Fed about to drop interest rates again to further bail out the rogue lenders that have sent the housing market into decline and paralyzed the sub-prime market - who knows.
I know one thing though;  Greenspan wouldn’t have done it.
The mortgage market for those of you living on Pluto for the past year has seen increasing numbers of bad -debt, mainly self inflicted by bad lending practice. Loans are now more difficult to come by for the average homebuyer….whatever that is. once again, us normal ‘average’ people are being done over by the greed of unscrupulous lenders who made millions in profits off people who couldn’t afford to borrow in the first place.

In the midst of this mess you may need a good resource to focus on. Loan Network dot com is such a resource. Plenty of info and the ability to get quotes on the best sources of mortgage and loan finance.Find the up to date news on whats happening with the mortgage debacle and do the most important thing you should always do when considering an investment of this magnitude…..Keep yourself informed and Do your homework.