What is Next for Mortgage Rates | Aaron Chapman
The Infinite Wealth Podcast
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How Interest Rates Are Determined
Aaron Carroll: We want to dive in about interest rates and before we dive into kind of where they're going you guys seen the big short yeah okay so the big short talked initially about a guy by the name of Lou Ranere who worked for Solomon Brothers. He was looking at the mortgage industry which was literally your local bank local bank would would attract all the deposits from the people in the community then they would lend it out that's how they made money. The day Fed announced quantitative easing on November 25th 2008 is when everything goes above this line definitively and stays above that line.
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