>>Are you people completely ignorant of what would have happened if Citi and Morgan were allowed to fail?<<<
I would question more about how they were encouraged by Federal regulators to get so big that we can now not afford to let them fail. How stable is our economy if we can't let one of these PUBLIC companies fail?
Is it the $TYX that correlates with the mortgage rates?
30 year fixed mortgage rates dropped another 1/8% Friday and I'm wondering if you can watch the $TYX to predict the bottom in home mortgage rates. TIA.