rates: What’s with Interest Rates, didn’t the Fed just cut them? - 10/28/08 02:19 AM
They sure did and without going into a lengthy dissertation on how the Bond market works in anticipating rate cuts by the Fed, suffice it to say that there are two major factors at work.
First, the Federal government just pledged $700 Billion (with a B) toward bailing out the credit market. Well where do you think that money is going to come from (some people say “they’ll just print the money” unfortunately for the value of the Dollar, this is somewhat accurate)? The Fed’s are going to raise the money largely from the sale of government backed securities, or … (0 comments)

Britt Little (Cornerstone Mortgage Company)

Britt Little

Highlands Ranch, CO

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Cornerstone Mortgage Company

Office: (303) 325-5506

Fax: (720) 206-0803

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