Sarra Stone has not received any gifts yet
Sarra Stone posted a blog postPosted on July 23, 2012 at 11:35am 0 Comments 0 Likes
I went to a very interesting meeting yesterday at which Joe Brown, founder of Milestone Mortgage, who walked us through the start and what he sees as the finish of the current lending crisis. The following comes from notes I took.
After the crash of the tech sector and 9-11, our economy was in a world of hurt. The Fed started cutting the discount rate and continued cutting until the discount rate came down over 5% over a relatively short period of time. What…
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