Comments on: FED cuts rates .750% today | Prime rate now 5.250% http://www.choicefinance.net/blog/2008/03/18/fed-cuts-rates-750-today-prime-rate-now-5250/ Choice Finance® Tue, 06 Jan 2009 18:52:40 +0000 http://wordpress.org/?v=2.3.2 By: loan officer http://www.choicefinance.net/blog/2008/03/18/fed-cuts-rates-750-today-prime-rate-now-5250/#comment-699 loan officer Wed, 19 Mar 2008 15:15:47 +0000 http://www.choicefinance.net/blog/2008/03/18/fed-cuts-rates-750-today-prime-rate-now-5250/#comment-699 Fed cut discount .75 yesterday. 30 year fixed rates increased slightly so far with inflation helping to cancel out the cut. BUT reserve requirements went from 30% to 20% for Fannie and Freddie which frees up trillions for home loans. Expect this to help push interest rates down. Fed cut discount .75 yesterday.

30 year fixed rates increased slightly so far with inflation helping to cancel out the cut.

BUT reserve requirements went from 30% to 20% for Fannie and Freddie which frees up trillions for home loans. Expect this to help push interest rates down.

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