How long after a change does it take for the fed prime rate to affect the lending rantes offered on mortgages? - prime rate forecast 2010
The Federal Reserve today 1/22/2008 75 points, but I found that mortgage rates offers today and found only slightly. How much time elapses before you prime lending mortgage rates at the Fed interest rate cut?
Wednesday, January 20, 2010
Prime Rate Forecast 2010 How Long After A Change Does It Take For The Fed Prime Rate To Affect The Lending Rantes Offered On Mortgages?
2 comments:
It modifies mortgages. I answered this question several times today, but does not affect mortgages.
It is customary to influence, sometimes worse. The mortgages are like oil, corn or TCE sold. They are sold on the open market. If you choose China, Japan, etc., not to buy the mortgages with higher interest rates.
Mortgage interest rates that the Fed has no control. People to buy mortgage-backed securities.
People who think the Fed controls mortgage interest rates are wrong. It is like thinking that the federal government cut mortgage rates and now is the price of wheat. It is the same.
The pure market decision is no decision, the U.S. Federal Reserve lowered the price today because of what happens to the Chinese market yesterday. I had nothing ... absolutely nothing about what is done, the federal government.
That's what the wheel.
It modifies mortgages. I answered this question several times today, but does not affect mortgages.
It is customary to influence, sometimes worse. The mortgages are like oil, corn or TCE sold. They are sold on the open market. If you choose China, Japan, etc., not to buy the mortgages with higher interest rates.
Mortgage interest rates that the Fed has no control. People to buy mortgage-backed securities.
People who think the Fed controls mortgage interest rates are wrong. It is like thinking that the federal government cut mortgage rates and now is the price of wheat. It is the same.
The pure market decision is no decision, the U.S. Federal Reserve lowered the price today because of what happens to the Chinese market yesterday. I had nothing ... absolutely nothing about what is done, the federal government.
That's what the wheel.
Post a Comment