fannie mae: FEDS JUMP IN WAIST DEEP TO SAVE OUR ECONOMY!
- 09/19/08 06:46 AM
Hello to all my Real Estate partners What a week it has been! On Wall Street, every day has resulted in a triple digit change with 4 of the 5 days ending in changes over 400 points! Monday we saw one of the worst slides in history as the DOW finished down 504 points. On Tuesday, the Feds met to decide short term interest rate direction. The futures market called for a 100% chance of a ¼ point cut in the Federal Funds rate. While the decision to hold rates were they were was unexpected, so was investor reaction. When at the end … (4 comments)
Hello to all my Real Estate partners ;)
;)
