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Cut in interest rates: Federal Funding Only

Started by everestgem
over 6 years ago
Posts: 0
Member since: Aug 2015
Discussion about
Even though the latest cut in interest rates by .25 of a point was announced on 7/31/19, how will that affect the Manhattan sellers market? Will it have an effect since the interest rates were meant for federal funds only, or do you think it will filter into mortgage lending and borrowing?
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