Admin

Tuesday Fed announcement - Is decreasing the discount rate a good thing?

By
Services for Real Estate Pros with Morgan Stanley

OK AR's, this Tuesday we are expecting a major announcement with a direct impact on every Realtor's business.

One of the following will happen to the discount rate:

  • .25 discount bsp decrease
  • .5  discount bsp decrease
  • NOTHING

Any decrease in the discount rate can feed a recession, as well as spark some life in the real estate business.  What are you hoping to see happen? What do you see as the impact of the three options if chosen?

Let talk about this.  This is important.

Jim

Comments(3)

Show All Comments Sort:
Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM
I don't know about your areas....but this past week has been buzzing with phone calls, showings, listings, buyers & offers as comparedto the previous 3 weeks here in NW Indiana...a few of the clients mentioned that they heard on the news about the possibility of the FEDS dropping rates so the mere press of the possibility has moved some consumer confidence here!
Sep 16, 2007 01:00 PM
Jim Bishop
Morgan Stanley - Dublin, OH
2:15 Eastern is the announcement
Sep 17, 2007 01:34 PM
Jim Bishop
Morgan Stanley - Dublin, OH
2:15 Eastern is the announcement
Sep 17, 2007 01:34 PM