Your town. Your news. Your take.

Local News: Los Angeles, CA 

 | 

Sign Up

 | 

Sign In

 
Advertisment

Aug 29, 2008

Why haven't mortgage rates dropped along with Fed cuts?

The Federal Reserve began to slash short-term interest rates almost a year ago. Yet we have higher mortgage rates now than we had then.

Read full story from Nashua Telegraph

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Foreclosures Discussions
Topic Updated Last By Comments
If rental sounds too good to be true, it probab... 2 min Brigid 15
Dear Santa... 1 hr lauren 1
Bernanke wants relief to curb foreclosures 2 hr Sarah Palin ... 1
Meltdown far from over, new mortgage crisis looms 2 hr I_need_a_beer 231
SB County foreclosure corporation plan nebulous 3 hr true love 3
Obama: Financial bailout must help homeowners, too 3 hr G-hogg 18
California man found in foreclosed house with c... 4 hr Jayne 21