How the Fed cuts impact rates (Bankrate.com)
Posted on April 29th, 2009 by Mortgage Refinancing News
Mortgage rates have dropped more than 50 basis points since the Federal Reserve slashed its target federal funds rate to a range of zero percent to 0.25 percent Dec. 16. With no change in the rate at today's meeting, there should be no impact on mortgage rates.
Filed under: Mortgage Refinancing News
