When will we see the fixed loan mortgage rates come down as a result of the fed’s rate cut?

4 Responses to When will we see the fixed loan mortgage rates come down as a result of the fed’s rate cut?

1. Debbie V says:

   October 31, 2009 at 3:30 am

   JAIME

   I think that they might go down a little, but right know the rates all pretty good.
2. oskarmyloanguy.com says:

   November 1, 2009 at 6:54 pm

   ELLIOT

   Fed’s rate has no direct impact on mortgage rates. Only on short term loans like Equity lines, Car loans, Credit card rates, and Personal loans form banks
3. Beverly S says:

   November 4, 2009 at 1:59 pm

   BRIAN

   The fed rate is bank to bank only. Has nothing to do with mortgage rates. There is a trickle down effect but nothing dramatic. Time to refi is now. Rates are lower than they have been in 2 years.
4. godged says:

   November 7, 2009 at 6:05 am

   JUSTIN

   Mortgage loan rates are not attached to the Fed discount rate. You may see no reduction in mortgage loan rates.