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Message
Federal Reserve just announced they will lower the interest rates to 0%
Posted on 3/15/20 at 4:04 pm
Posted on 3/15/20 at 4:04 pm
per Fox News right now
16
Posted on 3/15/20 at 4:05 pm to MrLSU
Okay. Now I’m worried.
Posted on 3/15/20 at 4:06 pm to MrLSU
Plus 700 billion of QE
Posted on 3/15/20 at 4:06 pm to MrLSU
Lol.. I'm ready to start hanging these bastards.
Posted on 3/15/20 at 4:08 pm to MrLSU
As someone with a 7 digit business line of credit, this makes me happy.
As someone wondering what this says about the larger economy, not so much.
As someone wondering what this says about the larger economy, not so much.
Posted on 3/15/20 at 4:10 pm to MrLSU
(no message)
This post was edited on 4/3/23 at 3:34 pm
Posted on 3/15/20 at 4:11 pm to MrLSU
In this bitch
Posted on 3/15/20 at 4:12 pm to MrLSU
It’s about damned time.
Posted on 3/15/20 at 4:12 pm to MrLSU
Oh lawd
Posted on 3/15/20 at 4:13 pm to MrLSU
Short term loans, I think long term are, as of now, being left alone.
Posted on 3/15/20 at 4:15 pm to MrLSU
Will mortgage rates drop as well?
Posted on 3/15/20 at 4:16 pm to Azkiger
quote:
Short term loans, I think long term are, as of now, being left alone.
This would not help me at all, so it is indeed the most likely scenario.
Posted on 3/15/20 at 4:21 pm to MrLSU
How long will rates remain 0%?
Posted on 3/15/20 at 4:22 pm to MrLSU
Shouldn't that read 1/4 % ?, just to keep it simple.
Using decimal along with percentage just sent my wife into a migraine.
Using decimal along with percentage just sent my wife into a migraine.
Posted on 3/15/20 at 4:24 pm to auggie
quote:
Shouldn't that read 1/4 % ?, just to keep it simple.
Using decimal along with percentage just sent my wife into a migraine.
I told my wife and she has gone into a state of depression.
She has been complaining for weeks about how many loans she has sitting on her desk.
Posted on 3/15/20 at 4:28 pm to auggie
Fed Funds rate is 0.00%
discount rate is 0.25%
200mm in MBS purchases
500mm in treasury purchases
discount rate is 0.25%
200mm in MBS purchases
500mm in treasury purchases
Posted on 3/15/20 at 4:36 pm to MrLSU
quote:Wife and I have discussed the idea that we are headed for a financial reset. Anyone else think this could come about due to this 'crisis?"
Federal Reserve just announced they will lower the interest rates to 0%
Posted on 3/15/20 at 4:36 pm to MrLarson
quote:
I told my wife and she has gone into a state of depression.
She has been complaining for weeks about how many loans she has sitting on her desk.
I would tell your wife not to fret because all of the recorders offices across the country will be shut down for 2 weeks starting on Wednesday. Also expect lenders/banks to increase their interest rates to subside demand in order to slow things down for them.
Posted on 3/15/20 at 4:45 pm to burdhead
quote:
Wife and I have discussed the idea that we are headed for a financial reset. Anyone else think this could come about due to this 'crisis?"
“We” is you, or the whole country?
Posted on 3/15/20 at 4:59 pm to MrLSU
As soon as Americans crawl out of their homes, this thing is going to take off like a rocket
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