Home › Forums › Housing › 50 point cut › “CMB, I think HLS repeatedly
“CMB, I think HLS repeatedly pointed out that the fed fund rate affects lending rates amongst lenders and credit card rates.”
yes, I know donald duck,[ that me smile.. 🙂 ]and agree, but his argument posted below is what I am disputing.
HLS wrote: FED FUND RATE and PRIME RATE HAVE NOTHING TO DO WITH MORTGAGE RATES OR ARM RATES