What About Those Fed Cuts?

I have just found myself reading more and more posts out there since Knox got me so interested in this blog world. Anyway, I have stolen this good CNBC article from a reader of ours, Reno Real Estate, and thought it is worth sharing. It is entitled, “Fed Cut: What It Means for Your Mortgage.” I think it is something to think about - since it seems as though we are headed toward a recession and I know many sellers are freaking out a bit. I wonder if cutting interest rates and giving some Americans a check for $600 - in June or July - will help this real estate market or the economy? I am rambling. Read the article if you get a chance.

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