You Know It’s a Tough Market When Bernanke Can’t Refinance
By: By Elizabeth Campbell and Lorraine Woellert
(Bloomberg) – Ben S. Bernanke said the mortgage market is so tight that even he is having a hard time refinancing his own home loan.
The former Federal Reserve chairman, speaking at a conference in Chicago yesterday, told moderator Mark Zandi of Moody’s Analytics Inc. — “just between the two of us” — that “I recently tried to refinance my mortgage and I was unsuccessful in doing so.” [Read the rest on Bloomberg]
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