With the european central banks committing 2.3 trillion dollars to stem the financial crisis, for now the world stock markets have stopped their slide. Unfortunately mortgage interest rates are now on the rise. The Federal reserve in the USA is expected to begin buying bank stocks at bargain basement prices and injecting the capital markets with the first installment of the the 700 billion approved 11 days ago. This may help unfreeze the credit markets but much more time will be needed to see how effective this move will be.