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Fox News: The Fed's Interest Rate Cut Doesn't Mean Mortgage Rates Will Fall

Started by riky, March 21, 2008, 05:01:42 PM

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riky

The Fed's Interest Rate Cut  Doesn't Mean Mortgage Rates Will Fall
     


Typically, when the Federal Reserve cuts interest rates, the  rate consumers pay for a mortgage loan falls. But unfortunately for borrowers these are atypical times, given concerns over the credit worthiness of would-be borrowers.<img src="You are not allowed to view links. Register or Login" height="1" width="1"/><img src="You are not allowed to view links. Register or Login" height="1" width="1"/>
     

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