Apr
16
fiestababy05 asked:
I know there were two major changes to our Prime lending rates. What caused these rates to change???
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
Comments
No Responses to “How has sub prime lending affected our US Financial Markets?”











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