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Registered
Join Date: Dec 2002
Location: Coto de Caza, CA
Posts: 3,725
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Feds most likely will drop rates 1/2%-1%
Its possible that the Fed could drop a key rate 1% to 0% tomorrow.
First time since 1954 that the rate could be 0%.
Personally for me this is a good thing. I have fairly sizable commercial loans on RE that are tied to the prime rate.
Does anyone on the board have an opinion on this rate cut?
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