This thread, well its one of the worst I have seen, Where are the secrets or did we already get them?:confused: :confused: :confused: :confused: :confused: :confused: :confused: :confused:
So overall 30 yr mortgage rates are going up and 1 yr CD yr CDs are going down. Savers get penalized and new homebuyers pay higher rates. So who does this rate cut help?
National Rates
OVERNIGHT AVERAGES
Rates may include points.
30 yr fixed mtg 5.95% up
48 month new car loan 6.92%...
I thought that bush was behind the big reform for tighter bankruptcy laws along with low rates so everyone could borrow.
Now he wants a government bailout. I guess that makes perfect sense.
The fed cut rates last week, are you expecting another cut this week? That would not look good at all, what happened to raising rates due to inflation pressure or is that all gone this month?