Good news...Hopefully we can all benefit from this...Let's bring back the good ol' days!!!

 

For real...bring back my $$$...

 

Not yet!
Stop stimulate the market!
I want to get my mortgage refinanced first!

 

Short term interest, as I understand it from CNBC's commentary today, has no real impact on mortgage rates, in fact, it may even go up.

 

That's exactly what I said.
1. it has no impact on mortgage rate directly
2. it stimulate the market, which may in term raise the mortgage rates

Why can't they wait?
Let me get a good mortgage rate, then they can drive the market up all they want.......I'm tired of of shrinking 401k too.....

 

I haven't found anyone who could refinance my FHA loan at no cost to me. Found some streamline though.

 

So far, Wall Street is reacting with a big, fat YAWN

 

that's because those m0f0s have already had this built into the market.

 

that's good

 

Hopefully, the economy would benefit from all these interest cuts 6 months from now.