View Single Post
  #19  
Old 09-18-2007, 07:41 AM
Slow Play Ray Slow Play Ray is offline
Senior Member
 
Join Date: Oct 2004
Location: Masshole
Posts: 4,187
Default Re: Official - Will The Fed Cut Rates? on 9/18 Discussion

I have what is quite possibly a ridiculously noob question for this discussion, and for that I apologize in advance...

I am buying a house, and after much bartering with two different companies, just locked a 30-year fixed mortgage at 6.25% on Friday. How much better could I have conceivably gotten if I waited until after the cut (assuming they cut it .25 as widely anticipated)?
Reply With Quote