My wife has a master's degree in business so she was explaining to me how this worked and how the treasuries interest rates likely would have been dropped by the Fed to give some people relief which would cause the dropping the Mortgage rates to the lowest point in 2024 so far. I'm not entirely sure how all this works but to me this was a way for the Fed to help people and the economy without lowering bank interest rates which would have caused a lot of commotion this close to an election.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Because of fighting in Ukraine and Israel Bombing Iran I thought I should share this EMP I wrote in 2011
- Historicity of Jesus-Wikipedia
- Holiday Fire in Goleta: 19 structures destroyed: 80% contained: evacuations lifted
- US intelligence officials make last-ditch effort to sound the alarm over foreign election interference
- CAVE FIRE EVACUATIONS TO BE LIFTED WEDNESDAY
- "There is nothing so good that no bad may come of it and nothing so bad that no good may come of it": Descartes
- most read articles from KYIV Post
- Keri Russell pulls back the curtain on "The Diplomat" (season 2 filming now for Netflix)
- reprint of: Drones very small to large
- The ultra-lethal drones of the future | New York Post 2014 article
Tuesday, August 6, 2024
Because interest on Treasuries went down and caused Mortgage rates to drop too dow went up 300 points approximate today
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment