rates: Lower Mortgage Rates Ahead! - 09/27/07 02:30 PM
Wall Street got a surprise on September 18. Many expected a quarter-point cut in interest rates, but were treated to an unexpected half-point cut instead. The prime rate -- which influences many consumer and business loans - is expected to follow the Fed's rate cut. If so, the prime rate would … (1 comments)

rates: Look out, Chicken Little... - 09/04/07 07:25 PM
The National Association of Realtors is reporting that home sales for the month of July were down 9% from the same period a year ago. Add to this the recent triple-whammy in the financial press of dismal housing starts, housing permits and mortgage lender meltdowns, and you can guess what we … (1 comments)

rates: Lower Interest Rates? - 08/20/07 04:12 PM
Interest rates paid on government-backed three-month Treasury bills dropped more today than in the wake of the September 11th terror attacks, and just under the plunge during the stock market crash of 1987. T-bill yields have been falling for five straight days. Scared investors have been pouring money into the ultra-safe … (1 comments)

 
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