What will the Fed Do to Interest Rates?
By MoreMerchant on Sep 18, 2007 in Get Rich, Home, Investment, Loans, Misc, Stock Market
Do you think there will be an interest rate cut today or will the Fed keep them the same? I am leaning towards a rate cut and the market will bounce quite nicely. I give it a 60% chance of a 1/4% rate cut and a 40 % chance of a 1/2% rate cut.
So there is a chance of no cut at all, but most likely we will see the cut, and we will see a nice stock market bounce. If you have been waiting to buy a home, now is the time to get in the market. Prices are low, rates are coming down.
1/4% rate cut is figured into the market and will not do much. Anything larger could make the market jump nicely. No rate cut and we may go into a tailspin.
[tags]Fed, rate, interest rates, homes, stock market, stock tips[/tags]
John Crenshaw | Sep 22, 2007 | Reply
Mortgage rates really haven’t change much. I linked to some info on that.
MoreMerchant | Sep 23, 2007 | Reply
No some of the cut was already figured in to mortgages. I believe over the next few weeks /months rates will drop a bit.