mortgage rates
January 31, 2008
Yesterday the Fed cut their Funds Rate by 50 basis points (half a percent) to 3%. This moved a lot of investor money into the stock market instead of & out of the bond market […]
January 30, 2008
Long term interest rates will stabilize around where they are now, but this cut will also affect inflation, so don’t expect 30 year rates to come down significantly(they actually just worsened by .25 basis points […]