Heard on the news that the Fed is expected to cut interest rates again in an
attempt to get money flowing and home mortgages written.

This doesn't make sense. Although it certainly would benefit buyers, why
would a bank be motivated to start issuing 30 year mortgages at record low
interest rates in the middle of a severe recession?

Wouldn't they rather ride out the storm and start writing mortgages when the
rates get higher again?

I don't understand economics.

Eisboch