Friday, February 1, 2008

Fed Move May Not Change Mortgage Rates

by Chris Kissell Thursday, January 31, 2008
When the Federal Reserve meets and changes rates, we all have questions: What does it mean to me? Will my mortgage rate go up or down? Is this a good time to refinance? Bankrate is here to help. We've looked at five categories -- mortgages, home equity loans, auto loans, credit cards and certificates of deposit -- to determine if the Fed's moves made you a winner or a loser. Here's a look at mortgages: Click on bottom link for the rest of the story.
More From Bankrate.com: • Mortgage Rates Skyrocket Smart Strategies After the Fed Cut Refinancing Exotic Mortgages
Mortgages
http://finance.yahoo.com/personal-finance/article/104327/Fed-Move-May-Not-Change-Mortgage-Rates;_ylt=AnTzkRGjbS75Cg_kqs9u96G7YWsA

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