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Interest Rates

Fed cut Interest rates .5%

January 31, 2008 • 0 comments
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Last week in an emergency meeting The Fed cut the federal funds target rate .75% (the rate that private banks lend to other banks) and cut the discount rate .75% …

by Jason Koertge

Fed Slashes (and I mean slashes) Interest Rate – .75%

January 23, 2008 • 1 comment
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In a bold move today, the Fed cut the interest rate .75% to 3.5 from 4.25. “Analysts said the fact that the Fed did not wait until its meeting next …

by Jason Koertge

Fed ready to cut rates again – Is that what we need?

January 12, 2008 • 5 comments
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On Thursday, Ben Bernanke indicated that the Fed was prepared to do whatever necessary to ward off a recession, even if it meant cutting interest rates again.  Many economists are …

by Jason Koertge

The Fed cut rates by quarter point Tuesday December 11th

December 12, 2007 • 0 comments
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In a highly anticipated move, The Fed cut interest rates Tuesday by a quarter point.  The only problem was that the anticipation was for a half point and the market …

by Jason Koertge

Will the Fed slash rates again this week?

December 10, 2007 • 0 comments
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Since the rate cut in October, “credit has become harder to obtain, Wall Street has convulsed again and the housing slump has intensified,” according to the Associate Press.  The rate, …

by Jason Koertge

Mortgage rates hit 6 month low

November 26, 2007 • 0 comments
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I have been saying now is the time to buy, now mortgages rates have hit a six month low.  30 year fixed rates are at 6.2, down from 6.24 last …

by Jason Koertge

The Fed Lowers Rates another Quarter Point – and my opinion on the current market condition

November 16, 2007 • 1 comment
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I guess this is old news now, but I thought I’d post it anyway to document history.  This is the second cut in a row in an attempt by the …

by Jason Koertge

FED Cut Rates – Good or Bad?

September 22, 2007 • 0 comments
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In a meeting last Tuesday, the FED cut interest rates by a half a point, down to 4.75, but some economists are saying too little too late. In a newsletter …

by Jason Koertge

FED CUTS INTEREST RATES

September 19, 2007 • 0 comments
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In a bold move, the Fed cut interest rates by a half point to 4.75 down from 5.25 on Tuesday. Fear of recession, signs of a housing slump, and urgings …

by David Goldflies

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