English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

Current rate is 4.25% How much lower will it go?

2007-12-11 09:07:28 · 6 answers · asked by The CozFather 1 in Business & Finance Renting & Real Estate

This is an opinion question and still you all can't even handle that... UGH!

2007-12-11 09:36:02 · update #1

6 answers

Fed will most likey drop another point.

2007-12-11 11:12:46 · answer #1 · answered by Terry S 5 · 0 0

Think the 1/4% was correct as if they drop it too much in todays economy inflation rears it's ugly head. They are in a bad spot slow growth, the housing debacle, but rising prices on oil which is the kicker.If it was not for exports we would already be seeing higher rates, and a slowdown in business. Very unusual market right now. higher interest rates also bring more investment in the dollar which ups the value of it, but at the same time brings down exports. as it cost more to buy American, but cheaper for imports. Personally I do not see much more downward pressure on interest rates, and much as upward, since my opinion is that we are heading into a recession, unless a correction is made into the availability of credit, after the housing bubble bust, as with the tech bubble bust of a few years ago, and the S & L bust of the 80's.

2007-12-11 10:32:19 · answer #2 · answered by Pengy 7 · 0 0

The above poster is correct. Too many people think all consumer rates are directly tied to the Fed actions.

2007-12-11 09:13:29 · answer #3 · answered by Anonymous · 0 0

pastime fee replaced into decreased via the Federal Reserved under a month in the past. i think of that they're going to hold pastime fee stable for the subsequent month, by way of depreciation of the dollar.

2016-11-02 22:35:06 · answer #4 · answered by hinajosa 4 · 0 0

Don't confuse your rates. The prime rate and interest rate on homes don't necessarily connect in any way.

2007-12-11 09:11:04 · answer #5 · answered by Debdeb 7 · 2 0

What kind of question is this?! Nobody can answer this question. Your stock broker must love you to death!

2007-12-11 09:16:34 · answer #6 · answered by C B 2 · 0 0

fedest.com, questions and answers