More Rate Cuts Expected

Posted by admin under: Main Nov 18

NAHB Chief Economist David Seiders predicts another quarter point rate cut at the Dec. 11 FOMC. This is part of the Federal Reserve’s ongoing attempt to head off foreclosure damage and slow the problems associated with the subprime mortgage market.

Nation’s Building News has a new article covering Home Foreclosure. Click here for more information.

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Sunday, November 18th, 2007 at 5:52 pm and is filed under Main. 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.

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More Rate Cuts Expected

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