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FED CUTS RATES AGAIN. PRIME is now at 6%

The fed just cut the key interest rates again, now making prime 6%. This was expected by all on wall street and should come as no surprise. That makes a 2.25% fall in rates over the past few months, making everything from consumer loans and credit cards to Home Equity Lines of Credit a little cheaper for everyone. This should help the ecomomy, but it will take some time to see the full effects of these cuts.

Thanks,

Chris

www.besttnloans.com

Posted by CHRIS HAYNES on 01/30/2008 01:50 PM

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CHRIS HAYNES

Brentwood, TN

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Peoples Home Equity Inc.

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