fed funds discount rate cut: Mortgage Market Update - Wednesday, October 31st - Happy Halloween! - 10/31/07 02:16 AM
So how many of you spent time this week raking ALL of your leaves!  In my neighborhood, we have a ton of trees and it's a beautiful place to live.  But in the fall?  Let's just say it's not my FAVORITE time of the year!  But at least a 3 foot child won't disappear in my front yard because of all of the leaves! 
Now to business...........
Today is Fed day.  At 2:15pm ET, the Fed will release it's monetary policy decision and statement.
Meantime, Bond prices are trading a little lower, currently -9 basis points, on some hotter than expected economic news.   Third quarter GDP was reported at … (1 comments)

 
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