How has sub prime lending affected our US Financial Markets?

April 16th, 2009 | by admin |
fiestababy05 asked:


I know there were two major changes to our Prime lending rates. What caused these rates to change???

2007-9-187.75%
2007-10-317.50%

Rheem Gas Furnace

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    1. No Responses to “How has sub prime lending affected our US Financial Markets?”

    2. By Out of Focus on Apr 16, 2009 | Reply

      The Fed cut rates in October. They are gonna cut the rates again in DEC.

    3. By Jay D on Apr 17, 2009 | Reply

      The winter season when housing market slowing compounded by the federal reserve lowers the rate then credit will be made more available and home improvement stores such as lowes and consumers.

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