.75 Point Rate Cut From the Fed
Posted in Buyer's Market, Investing, Mortgages, Rates on January 22nd, 2008 No Comments »
Today, the Fed made a somewhat suprise move and made a .75 rate cut ahead of their scheduled meeting on January 30th.
So what does this mean? Well, as a home buyer you won’t see the effects right away. It sometimes takes a few months before this rate cut lowers your mortgage interest rate. But, with rates already […]