Home : Blogs : Michael Schindler : Michael's Blog

Fed Rate Cut Prime now 4.5%!!!!

BREAKING NEWS

WASHINGTON - The Federal Reserve and six other major central banks from around the world slashed interest rates Wednesday in an attempt to prevent a mushrooming financial crisis from becoming a global economic meltdown. The Fed reduced its key rate from 2 percent to 1.5 percent.

The Prime rate is now 4.5%

Posted by Michael Schindler on 10/08/2008 07:41 AM

Comments (1)

Prime Rate in the ActiveRain Channel

prime, mortgage, rates

This post has been included in Minnesota Information
Post is included in group: Minnesota Professionals
Post is included in group: Mortgages
Post is included in group: The Art Of Marketing You

1 Comments on Fed Rate Cut Prime now 4.5%!!!!

OCT

2008

Lets hope this helps but I don't think it will!

Ted

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?