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+--- Thread: Curtains for the USD? mmmm! (/thread-5519.html)
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
see what I mean ??
That is the Fed increase , not YOUR mortgage Lender
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
[quote author=The Chairman link=topic=65032.msg669796#msg669796 date=1450293419]
well fargo prime 3.50
[/quote]
Hardly anyone gets Prime.
its all prime +
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
[quote author=ketchim link=topic=65032.msg669797#msg669797 date=1450293461]
see what I mean ??
That is the Fed increase , not YOUR mortgage Lender
[/quote]
say whatttttttttttttttttttttttttttttttttttttttttttt.
whoaaaaaaaaaaaaaaaa. which bar you passed?
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
[quote author=ketchim link=topic=65032.msg669798#msg669798 date=1450293512]
Hardly anyone gets Prime.
its all prime +
[/quote]
and what does that tell you. You went to Liberty express school of economics?
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
[quote author=ketchim link=topic=65032.msg669800#msg669800 date=1450293603]
Commercial Banks dont use Federal bank increase , here !
[/quote]
you will see
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
Commercial Banks dont use Federal bank increase , here !
The Fed increase is an increase to the Commercial Banks.
NOT the general population !
Lets see IF you Amricans are the same
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
[quote author=ketchim link=topic=65032.msg669804#msg669804 date=1450293674]
Commercial Banks dont use Federal bank increase , here !
The Fed increase is an increse to the Commercial Banks.
NOT the general population !
[/quote]
i know. so if it cost banks more to borrow. what does the bank do then?
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
[quote author=ketchim link=topic=65032.msg669791#msg669791 date=1450293202]
Bank of Canada raise 25 basis points
which is really the overnight lending rate to the Commercial Banks
The commercial banks then raise a full point to the Citizens >
send people mortgages Crazy
[/quote]
Lets see how it trickles down to YOU
Re: Curtains for the USD? mmmm! - ketchim - 12-16-2015
[quote author=ketchim link=topic=65032.msg669790#msg669790 date=1450293125]
Bond Market should be the least concern for the average Citizen as well as the Dow , as well as GDP.
Credit cards, Car Loan , Mortgages et cetera
[/quote]
wait on your credit card statement
Re: Curtains for the USD? mmmm! - chairman - 12-16-2015
yellen speaking