Real estate blog entries tagged with fed discount rate by Mike Jones (SUNSTREET MORTGAGE, LLC)

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Home : Blogs : Mike Jones : Tucson AZ Home Loan Info : Tag "fed discount rate"

fed discount rate: What Comes Down Must Go Up: Fed Raises Discount Rate By 50% - 02/18/10 07:03 PM

DON'T WAIT. CALL YOUR REALTOR NOW!
It had to happen. The New York Times news alert headline says Federal Reserve Raises Interest Rate Charged to Banks, In First Move Since 2008.
Is it a big deal? That remains to be seen. If you locked your loan yesterday, be happy. The rate you got isn't available today.
An Example From History (You can't call it a lesson unless something has been learned...)
To put things in perspective, when Jimmy Carter defeated Gerald Ford in 1976, the discount rate stood at 5.25%. Two years prior, under Nixon, it had been higher, at … (86 comments)

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Mike Jones

Tucson, AZ

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SUNSTREET MORTGAGE, LLC

Address: 2840 E Skyline Dr, Suite #230, Tucson, AZ, 85718

Office Phone: (520) 344-6943

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