- The 30 Year Fixed mortgage rate is NOT tied to short-term treasuries.
- Today's cut will affect short term ARMS, but not by much.
- This rate cut will not stop the foreclosures that are about to happen.
Click the read more buttong to find out more about the impact of the fed rate cut on mortgages >>
This news update brought to you by
The Ed Nailor Mortgage Team
704-651-8704 phone or visit www.EdNailor.com