fed rate cut: Fed cuts rate by 3/4 of a point - 03/19/08 12:52 PM
Yesterday the Fed cut the Federal funds rate by 3/4 of a point.  The Dow Jones proceeded to shoot up some 400 points.  Today it dropped nearly 300 points.  Another Wall Street rollercoaster ride.  I hope that one of these days it settles down.
At least with these interest rate cuts, it encourages foreigners to invest in United States assets.  We have so many British and Brazilians buying in Central Florida over the last few years it gets kind of ridiculous.  Hopefully that will help our real estate market a little bit.  At least my credit line interest rates have dropped considerably over … (5 comments)

fed rate cut: Huge Fed rate cut - 01/22/08 08:36 AM
Today the Fed cut the federal funds rate a huge 3/4% . This is the biggest rate cut they have made since the the early 1990s.  You can read more about it in USA Today.  The announcement didn't seem to help the markets much as the Dow dropped below 12,000 and world markets have been having big sell offs as well.  This market has been quite a roller coaster.
 
The winners with the rate cut though will be people with business lines of credit, HELOCs, and credit card debt.  Rates on these should drop quite a bit.  I have a few outstanding lines … (5 comments)

fed rate cut: Big FED rate cut - 09/29/07 09:46 AM
A little over a week ago the Federal Reserve made an aggressive 1/2 point rate cut to the federal funds rate.  This will help to lower the interest rates on many of the HELOCs (home equity lines of credit), business credit lines, and credit card rates.  As rates drop, monthly interest payments for these variable rate products should drop as well.  Hopefully this will help out some people teetering on the edge of financial disaster by lowering their monthly payments at least slightly.
This is good news for the real estate and mortgage industry.  The news did help the stock market to surge some because the rate … (3 comments)

 
Rob Arnold, Metro Orlando Full Service - Investor Friendly & F (Sand Dollar Realty Group, Inc.)

Rob Arnold

Metro Orlando Full Service - Investor Friendly & F

Altamonte Springs, FL

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Sand Dollar Realty Group, Inc.

Address: Apopka, FL, Longwood, FL, Winter Springs, FL, Casselberry, FL, Orlando, FL, Deltona, FL, Debary, FL, , Altamonte Springs, FL, 32714

Office: (407) 389-7318

Fax: (407) 389-4418


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My thoughts on the real estate industry, real estate investing, rental properties, mortgages, listing houses in the MLS, government and legislative issues affecting real estate brokers and investors. Serving metro Orlando & most of Florida.

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