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  • Idaho Mortgage Rate Report >> Is cheap money over?

    Lock mortgage rates now if you can  For the past 12 months the Federal Reserve was aggressively lowering the discount rate in an attempt to stimulate the economy. When the Federal Reserve lowers the discount rate mortage rates normally rise. The reason this happens is that the Discount Rate is the rate that banks borrow money at ...
    Posted to George Tallabas (Weblog) by 522844 on June 14, 2008