Does the Fed rate cut affect your mortgage rate?

December 14, 2007

The Federal Reserve lowered the Fed funds rate this week by 1/4 point to 4.25 percent. The Fed funds rate is the rate at which banks loan money to each other. Great, but what does that mean for you, the consumer?

Three Fantastic Self Help Ebooks and Audio Playback, Plus A Special Bonus!!

December 14, 2007


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