The Fed Rate Cut: What You Need to Know

Reader Comments

Back to article

I think Suzi of Ca is in the dark about rates. Cuts need to continue down to 0 to simulate the housing market.

Tom S of CA 6:06PM November 29, 2008

It's true. Our economy is merely a shell built off credit. Americans have more debt than there is dollars in circulation. Now that's a scary thing.

I did want to point out that while house price indexes have reported a downward trend in most MSA's, a new house price index, IAS360 (http://iasreo.com/ias360update.html), I've been following has been reporting small gains at the neighborhood and county level. So far this is the only house price index I've seen analyze at the neighborhood level.

Erik of CO 11:29AM November 14, 2008

Americans will continue to suffer as rate cuts are useless to the average person or middle class. It doesn't lower the mortgages that they currently have and sure as heck it's not keeping their home prices up. Matter of fact the prices of homes hve been sinking for the last two years. Each week we hit a new low. There is no end ot this trend. We need to stop lowering interest rates!!

sources: http://www.homepricetrend.com

Suzi of CA 12:11AM November 03, 2008

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to article

U.S. News Rankings & Research

U.S. News delivers quality analysis and clear objective rankings to help you make informed financial decisions.

advertisement

Slide Shows

Is Your Portfolio Ready for a Double-Dip?

With the looming threat of a double-dip recession, investors should position their portfolios to protect themselves from another downturn.

  1. CDC Warns Untreatable Gonorrhea is On the Way
  2. The 50 Best Careers
  3. Cary: Obama's Contraceptive 'Compromise' Doesn't Pass the Smell Test
  4. The 10 Best Places to Retire in 2012
  5. 50 Ways to Improve Your Finances in 2012

advertisement