Take a trip to the E-Loan website and you’ll be greeted by a graphic of the US Capital building announcing that the “Fed Cuts Rates,” to 1.00% down 1.2 a point. That’s truly amazing…but what does that have to do with mortgage rates? Absolutely nothing. The rate cut that took place on 10/29/2008 was to [...]
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My name is Robert Regehr and I’m a personal finance blogger with a chip on my shoulder for banks and mortgage brokers that take advantage of my friends and neighbors.
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