By Shawn Headlee

 

Seems like the Fed listened to what everyone was saying about the mortgage crisis.  This is good new for the stock market, but does not directly affect the mortgage rates.  The drop is designed to stimulated the economy which is not always good for the mortgage rates.  But with that said, it should bring them down a bit over the next couple of weeks if the economy does continue to slow.  MSNBC.COM has some great articles under their business section and so does SMARTMONEY.COM.

 

Hope all your stocks are skyrocketing!!!