2619
Fed Cuts Main Interest Rate to Near Zero, to Boost Assets by $700 Billion (www.foxbusiness.com)
posted ago by FuckU/Spez ago by FuckU/Spez +2619 / -0
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– Jeffs42885 2 points ago +2 / -0

So I’m not a financial expert. Some help would be appreciated.

Was approved at 3.75% last week for a new home. But I didn’t qualify for down payment assistance and I don’t think they took my offer anyway. My plan is to buy in June/July.

How would this effect me.

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– 1in1024th 2 points ago +2 / -0

Definitely good for you. Either rates are lower, houses are cheaper, or both; depending on how bad this gets.

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– SauronWasFramed 1 point ago +1 / -0

Over the next couple of months, home rates may drop another 1/2-1 point.

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