Wednesday, March 18, 2009

Breaking News: Interest Rates to Drop Near 4%

Bernanke announces new stimulous plan to push down interests rates near 4%. “They wanted to shock the market and they succeeded,” said Ajay Rajadhyaksha, the head of fixed-income strategy at Barclays Capital in New York. If the Fed’s action “succeeds in driving primary mortgage rates” to about 4.25 percent to 4.5 percent, that would increase “affordability, which will in turn lead to increased housing demand.”

1 comment:

The Kin'Xp said...

Nice pages!
we like your blogging style and we want to advertise your blog.
If you want us to link your blog in our site,
put us in your blogroll, write in a mail :

1.your site/blog address;
2.a representative image of your blog (if you have one);
3.a detailed description of your site.

we would be honored to advertise your blog on our blog!
anyway my friend, keep on with your great work!


I.L.Y.S. staff
"I link your site"