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Mortgage rate chasing, a fool's game

Posted by mortgage 259 days ago (Editorial)
Sure, you might save a fraction of a percent, but you have to start the loan process over.
Pointing fingers of blame can be unseemly and unproductive. Following the sheer magnitude of the financial crisis ignited by J.P. Morgan's creation of a new kind of investment product credit derivatives in the early 1990s, Financial Times journalist Gillian Tett's narrative Fool's Gold is a welcome and engaging read.

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