Why Only Some See Benefit From Fed’s Cuts

Mortgage Rates Remain High For New Buyers, but Holders Of ARMs See Lower Resets The Federal Reserve yesterday lowered interest rates for the sixth time since September, but the campaign is helping with only certain kinds ... More... (Mortgage News)
Add a Comment , , , March 19th, 2008

Fed cuts fail to lower 30-year mortgage rates

They remain roughly where they were a year ago amid banks' wariness about making loans. The Federal Reserve has been slashing short-term interest rates since August with precious little effect on the one that matters most ... More... (Mortgage Interest Rates, Mortgage News)
Add a Comment , March 19th, 2008