Overhaulin'

federal reserve target rate jpg2008129922small jpg

federal reserve target rate jpg2008129922small jpg

Summary: as a consumer if you re a borrower However a 30 year fixed rate mortgage is still 5 53 a car loan more than 6 a home equity loan more than 8 and credit interest rates more than 14 So don t hold your breath that you ll actually benefit from this Fed move It s designed to help the banks and other large institutions not you Right now we seem to be seeing some deflation

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