interest rates: Fed Funds Rate and Mortgage Interest Rates - 09/23/09 12:38 PM

Fed Funds Rate and Mortgage Interest Rates June 10th, 2009 — 9:01am Intro The Federal Funds Rate is the interest rate that banks charge one another to lend money. The rate is set by the Chairman of the Federal Reserve and is a key way that the Fed can control the supply of money. A lower Fed Funds Rate can lead to lower interest rates charged by banks to consumers. Recently, interest rates on mortgages have been at historic lows. I thought it would be interesting to look at how the Fed Funds Rate corresponds. 
Fed Funds Rate Data The … (0 comments)

interest rates: Fed likely to cut rates - 10/31/07 12:59 AM
This is a great article by Bloomberg on the likely upcoming cut to the overnight rate by the Fed. While not a shining bullet it wuld certainly help with the difficulty many are having obtaining financing give the market change.
However, this article shows that almost two thirds of people expect a recesion. It also says that more than half of the respondants think that the economy is already doing poorly.
With the Fed telling us that they want to be "nimble," likely meaning that they may have to make frequent small adjustments in both directions, and with the economy showing divergant … (5 comments)

John Adams (Adams, Cameron & Co. Realtors)

John Adams

Ormond Beach, FL

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This blog is intended to update people who are interested in buying and selling homes, condos, or other real estate in the Volusia and Flagler market. While it is called Real Estate in Daytona Beach Area we will address statistics ranging from New Smyrna to Palm Coast and west to include Deland, Deltona, etc. I will also cover topics regarding investing in residential and commercial real estate. I encourage comments from everyone and am very interested in feedback and opinions.



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