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Here's the Most Dangerous Idea in Washington: Economist
Posted to: Around The Web
Tuesday, December 04, 2012 7:50 AM

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"One of the most dangerous ideas in Washington is that it is okay to go over the cliff temporarily," says BofA economist Ethan Harris."What some people are calling a 'bungee jump' could cause an economic heart attack."

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Mortgage Rates:
  • 30 Yr FRM 3.70%
  • |
  • 15 Yr FRM 2.86%
  • |
  • Jumbo 30 Year Fixed 3.79%
MBS Prices:
  • 30YR FNMA 4.5 107-02 (0-01)
  • |
  • 30YR FNMA 5.0 107-30 (0-02)
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  • 30YR FNMA 5.5 108-14 (0-01)
Recent Housing Data:
  • NAHB Builder Confidence 4.76%
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  • Mortgage Apps 1.81%
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  • Refinance Index 2.80%
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