Ariel Site Admin
Joined: 25 Apr 2006 Posts: 9152
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Posted: Sat Nov 29, 2008 9:16 pm Post subject: Real Estate Blog - Don't fall in the trap |
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The Fed's have nothing to do with <b>mortgage</b> ratesThe fed fund <b>rate</b> is the <b>rate</b> that banks lend money to each other. The <b>rate</b> is closely associated to the prime <b>rate</b> which will now be lower. The prime <b>rate</b> is what most equity lines,
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