Low interest rate – is more to come?

According to RIS Media, the latest drop in interest rates are a sign of things to come. As they said, the Federal Reserve served notice that more unconventional actions probably are ahead as it fights to reverse the nation’s economic woes.

The rates are at historic lows but as we’re remarked before –that’s good new for lenders with good credit ratings. Banks are no longer interested in lending money to homebuyers without excellent ratings.

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