Restrain
Elite Member
- Joined
- Jan 22, 2002
- Professional Status
- Certified General Appraiser
- State
- Florida
As the stock market continues to fall, the Fed is talking about reducing the Fed rate for short term lending. The problem is that no one is expanding and many companies are already in such financial straits that they would have trouble borrowing anyway. I don't see much effect on long term rates except that money will continue to move out of stocks into other investments, including real estate.