Fed reserve cuts rate to zero

[Pstmstr]

I wonder if this would be a good time to do a VA interest rate reduction loan?

No but it might be a good time to convert to a lower rate conventional loan and 15 years if you haven’t already.


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[MacFromOK]

If you want to buy a house or car now is the time!

I wanna buy a toilet paper company...

 

[bigred1]

I wanna buy a toilet paper company...

Mac, I hate to be the one to tell ya but I think you missed that boat.

 

[Snattlerake]

I wanna buy a toilet paper company...

 

[MacFromOK]

Mac, I hate to be the one to tell ya but I think you missed that boat.

Lol, story if my life. A day late and a (bazillion?) dollar short.

 

[mouthpiece]

On refinancing. These lenders want to charge $3000-$5000 to refinance.
I guess people are that dumb.

 

[Hawgman]

With this low of a prime rate are we to expect negative interest on our bank accounts soon?

 

[Gunbuffer]

I can't fathom someone going out and spending a large amount of money on ANYTHING right now. I'm serious, I expect the real estate and new car market to take a massive clobbering over the next couple of months. Consumer confidence has to be in the fecking toilet, in spite of interest rate cuts....

Excellent news! We put our house on the market in April

 

[MacFromOK]

With this low of a prime rate are we to expect negative interest on our bank accounts soon?

Ya can probably expect monthly fees, if nothing else. :/

 

[dennishoddy]

On refinancing. These lenders want to charge $3000-$5000 to refinance.
I guess people are that dumb.

Not all do.