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  • The fed keeps cutting rate, why don't home loans go down?

    As most loan officers will tell you, few times do they field more calls from potential borrowers, than when the federal reserve chair cuts the prime rate.  Sometimes home loans go down when this happens, but sometimes they go up.  Why?  The easiest way it has been explained to me is home loan rates usually are tied to the ...
    Posted to Rodney Diller (Weblog) by 191847 on April 9, 2008