Tuesday, January 22, 2008
Wondering How The Latest Fed Interest Rate Cut Will Affect Your Mortgage?
The Fed just lowered interest rates by .75 percent, one of the single largest cuts in the history of the Fed. Naturally, many people are wondering just how this interest rate cut will affect their mortgages. Unfortunately most people are likely to be disappointed by how the system really works and are likely to receive little to no help with their mortgages. If you are curious about how this works, read through our previous blog post, “How do the Fed Interest Rates Really Affect Mortgages.”