Fed Slashes Interest Rates

In a nearly unprecedented move the Federal Reserve early Tuesday cut the Federal discount rate by .75 of a point, the largest single rate cut in 20 years.

Posted on Tuesday, January 22nd, 2008 at 5:57 am and is filed under Mortgage News.
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.