Comments on: The FED drops the Funds Rate to 1.00% http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/ Seattle's Leading Resource for Real Estate Information Sat, 20 Mar 2010 23:08:33 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Rhonda Porter http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327718 Rhonda Porter Fri, 31 Oct 2008 17:09:26 +0000 http://raincityguide.com/?p=3119#comment-327718 Jesse, you bet. I'll have mortgage rates posted here around lunch time. Morning rates are at Mortgage Porter and I'm all ready receiving intraday rate sheets for the worse. Jesse, you bet. I’ll have mortgage rates posted here around lunch time. Morning rates are at Mortgage Porter and I’m all ready receiving intraday rate sheets for the worse.

]]> By: Jesse W. http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327703 Jesse W. Fri, 31 Oct 2008 05:11:31 +0000 http://raincityguide.com/?p=3119#comment-327703 Thank you for clearing it up about mortgage rates! Jesse W. Thank you for clearing it up about mortgage rates!

Jesse W.

]]> By: Rhonda Porter http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327643 Rhonda Porter Thu, 30 Oct 2008 00:33:22 +0000 http://raincityguide.com/?p=3119#comment-327643 I just provided an updated GFE for a client--his rate is up 0.625% in exactly just one week. He was wanting to make sure his preapproval is still valid. Watch rates come back down to what I posted last Friday--just so it appears that rates aren't volatile. :) I just provided an updated GFE for a client–his rate is up 0.625% in exactly just one week. He was wanting to make sure his preapproval is still valid. Watch rates come back down to what I posted last Friday–just so it appears that rates aren’t volatile. :)

]]> By: Roger Ingalls http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327633 Roger Ingalls Wed, 29 Oct 2008 19:39:14 +0000 http://raincityguide.com/?p=3119#comment-327633 Just got two reprices for the worse, pretty small movement, I think investors already priced in the Fed's move. Just got two reprices for the worse, pretty small movement, I think investors already priced in the Fed’s move.

]]> By: Rhonda Porter http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327630 Rhonda Porter Wed, 29 Oct 2008 19:09:35 +0000 http://raincityguide.com/?p=3119#comment-327630 Roger, I have the same alert. Although it seems like just blinking drives up mortgage rates these days! Roger, I have the same alert. Although it seems like just blinking drives up mortgage rates these days!

]]> By: Roger Ingalls http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327629 Roger Ingalls Wed, 29 Oct 2008 19:04:53 +0000 http://raincityguide.com/?p=3119#comment-327629 I'm getting an alert to lock pending re-prices to the worse for 30yr fixed. Haven't received any yet (12:00), but most likely will. Fairly typical after a fed rate cut. I’m getting an alert to lock pending re-prices to the worse for 30yr fixed.

Haven’t received any yet (12:00), but most likely will.

Fairly typical after a fed rate cut.

]]> By: Rhonda Porter http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327626 Rhonda Porter Wed, 29 Oct 2008 18:54:03 +0000 http://raincityguide.com/?p=3119#comment-327626 I had the post ready with my finger on the publish button... I was anticipating a cut of 50 bps too! :) I had the post ready with my finger on the publish button… I was anticipating a cut of 50 bps too! :)

]]> By: Gordon http://raincityguide.com/2008/10/29/the-fed-drops-the-funds-rate-to-100/#comment-327625 Gordon Wed, 29 Oct 2008 18:50:19 +0000 http://raincityguide.com/?p=3119#comment-327625 Rhonda, you are on it! WSJ didn't even get around to reporting this until 11:46 AM PST... http://online.wsj.com/article/SB122528340048979949.html?mod=djemalertNEWS Rhonda, you are on it! WSJ didn’t even get around to reporting this until 11:46 AM PST…
http://online.wsj.com/article/SB122528340048979949.html?mod=djemalertNEWS

]]>