grauteam mortgage update | 1.22.2008 | 30F 5.375% 15F 4.875%
January 22, 2008 by Chris Grau · Leave a Comment
Filed under: Mortgage Rates Predictions, St. Louis Mortgage Rates
Filed under: Mortgage Rates Predictions, St. Louis Mortgage Rates
Monday’s sell off around the world due to a lack of confidence in the US Economy and fears of a recession has resulted in the Fed making a move it hasn’t since 1984! This morning the Fed cut the Federal Funds rate by an unprecedented -75bp to 3.50%. Read more