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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
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"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

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They flooded liquidity in the marketplace but the mortgage rate is based much more on expectat…

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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

About Franklin Raines

Franklin Raines was a Businessman from United States (1949–present).

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Frequently Asked Questions

Who said "They flooded liquidity in the marketplace but the mortgage rate is based much m…"?
This quote is attributed to Franklin Raines, a Businessman from United States.
When did Franklin Raines live?
Franklin Raines lived from 1949 – present.