rate cut: Federal Reserve Cuts Interest Rate To 1%
- 11/04/08 09:30 AM
Today, the Federal reserve cut it's federal funds rate, the interest banks charge on overnight loans, by 1/2% to 1 percent. The last time funds rate was lower than this was in 1958. Will other rate cuts be in the offing? Some analysts think so.* To read the full post, please visit the San Diego CA real estate blog
Bob San Diego CA real estate agents … (0 comments)
rate cut: Fed Cuts Rates - Stock Market Tumbles
- 12/11/07 06:28 AM
The Fed’s quarter-point cut in the federal funds rate to 4.25 percent was announced shortly after 2:15 p.m. ET and was the third straight rate cut from the Fed. The cut disappointed investors who had hoped for a more aggressive rate reduction of a half-percentage point. So, The market is currently down over 200 points on the Dow Index.\ Some of our prior posts on interest rates were: Fed Cuts .25% From Interest Rates To Help Housing Market, Housing Market Remains A “significant drag” On The Economy - Ben Bernanke, San Diego real estate - The effect of “qualifying” on prices in higher … (0 comments)
rate cut: Fed Cuts Interest Rate to Help Housing
- 10/31/07 07:42 AM
The central bank cut its federal funds rate from 4.75% to 4.5%. The rate is what banks charge each other for overnight loans and affects everything from auto loans to credit card rates. A few of out prior posts about interest rates were:San Diego Home Values Fall 5.6% & Sales Drop 36.4%,Housing Market Remains A “significant drag” On The Economy - Ben Bernanke, San Diego Real Estate — It’s Always Hard to Sell Into a Rising Market, San Diego real estate - The effect of “qualifying” on prices in higher priced markets. part 2, Home Mortgage Rates Actually HIGHER After Fed … (0 comments)
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Today, the Federal reserve cut it's federal funds rate, the interest banks charge on overnight loans, by 1/2% to 1 percent. The last time funds rate was lower than this was in 1958. Will other rate cuts be in the offing? Some analysts think so.* To read the full post, please visit the San Diego CA real estate blog
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