JPMorgan’s Pain May Be Homebuyers’ Gain
May 16, 2012 by Pacific Union
Fallout from JPMorgan Chase’s $2 billion trading blunder and events in the eurozone continue to rattle the financial markets, but there’s a curious upside to the turmoil that could favor homebuyers. Simply put, bad news on the economy can be good news for interest rates, and JPMorgan’s
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