Fed Cuts Rate Cut News In 2006, 2007

Fed Rate News, Hikes and Cuts for 2006, 2007

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WILL FEDS HIKE RATES IN 2006, 2007?

The answer among financial experts and economists is yes. Why? The general consensus is that as the nation battled a bursting stock market bubble, a recession and the Sept. 11 terrorist attacks, rate cuts were used to help stave off inflation and recessionary crises.

The increases have been designed to back off slowly from the exceptionally low interest rates the central bank had put in place over the previous three years. In its latest action, the Fed repeated its pledge that with inflation pressures remaining low, the central bank should be able to keep raising rates at a "measured" pace.

The latest quarter-point increase raised the federal funds rate, the interest that banks charge each other, to 2.25 percent. How do hikes and cuts impact your money? Will your current mortgage payment levels be adjusted higher or lower? Go here for more answers.

To lock-in today’s four decade low rates start with a Lending Marketplace that allows lenders to compete for you business

A good lending marketplace allows for intensive rate comparison, access to local lenders by city, state or area code, while choosing from a number of bargain loan offers in a highly competitive lending market. We point you in the right direction. To find your bargain loan program and lock-in the lowest rates go to Money Nest

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