"Simply stated"...

Fed Cuts Rate by .25% to 4.5%
October 31st, 2007 8:11 PM
The Federal Reserve cut the Fed Funds and the Discount Rate by .25% each.

Posted by Raymond Mule on October 31st, 2007 8:11 PMPost a Comment (1)

It's all about the Fed today
October 31st, 2007 8:21 AM
The Federal Reserve will conclude its 2 day policy meeting today with a decision on interest rates.  Most pundits are betting on a .25% rate cut in the Fed Funds Rate.  Hopefully, this will translate into lower mortgage rates.  We'll see what the bond market thinks after 2:15pm today.  Stay tuned...

Posted by Raymond Mule on October 31st, 2007 8:21 AMPost a Comment (0)

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