Interest rates to fall to 2% or less

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  • JimmiDean
    Confirmed User
    • Nov 2004
    • 3433
    #1

    Interest rates to fall to 2% or less

    I was watching this on CNN yesterday.
    Sure looks like the time to purchase some investment properties or vacation homes is right around the corner.
    As they say buy when everyone is selling.
    My God there's Porn on here!

    Still on the Beach !!!
    Tags: None
    • WebCashMaker
      Confirmed User
      • Feb 2008
      • 1726
      #2
      Good idea.

      I am looking for some interesting investments.




        Comment

        • Inde
          Confirmed User
          • Jun 2002
          • 983
          #3
          mortgage rates are not really dropping much... its the short term rates that have gone down a lot

          http://www.bloomberg.com/markets/rates/

            Comment

            • Spudstr
              Confirmed User
              • Jan 2003
              • 2321
              #4
              Just because feds drop rates doesn't mean the banks will.. the rate is for overnight lending for banks.. not end people. Do you really think th goverment cares for the little guy? hA HA HA!
              Managed Hosting - Colocation - Network Services
              Yellow Fiber Networks
              icq: 19876563

                Comment

                • L-Pink
                  working on my tan
                  • Mar 2005
                  • 39151
                  #5
                  Originally posted by Spudstr
                  Just because feds drop rates doesn't mean the banks will.. the rate is for overnight lending for banks.. not end people. Do you really think th goverment cares for the little guy? hA HA HA!
                  What the bank WILL drop is interest rates paid to those that have saved their money

                    Comment

                    • Barefootsies
                      Choice is an Illusion
                      • Feb 2005
                      • 42635
                      #6
                      Originally posted by Spudstr
                      Just because feds drop rates doesn't mean the banks will..
                      Should You Email Your Members?

                      Link1 | Link2 | Link3

                      Enough Said.

                      "Would you rather live like a king for a year or like a prince forever?"

                        Comment

                        • JimmiDean
                          Confirmed User
                          • Nov 2004
                          • 3433
                          #7
                          Originally posted by Spudstr
                          Just because feds drop rates doesn't mean the banks will.. the rate is for overnight lending for banks.. not end people. Do you really think th goverment cares for the little guy? hA HA HA!
                          Maybe so but if you have a good bank manager and a clean record with them plus some equity you can do fine.
                          I was offered 3.25% last week on a vacation property, but may wait a little while yet.
                          My God there's Porn on here!

                          Still on the Beach !!!

                            Comment

                            • tiger
                              Confirmed User
                              • Apr 2002
                              • 6986
                              #8
                              Interest rates will approach zero within the year.

                                Comment

                                • pocketkangaroo
                                  Confirmed User
                                  • Jan 2005
                                  • 8452
                                  #9
                                  Originally posted by JimmiDean
                                  Maybe so but if you have a good bank manager and a clean record with them plus some equity you can do fine.
                                  I was offered 3.25% last week on a vacation property, but may wait a little while yet.
                                  That's an amazing rate. Why would you not take that?

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