Franklin Raines: They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.

They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.

-- Franklin Raines


		Name: Franklin Raines Type: Businessman Nationality: American Birth: January 14, 1949

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