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Fed Signals It Will Stop Buying Government Debt in October

Posted by dave_donhoff (dwdonhoff@hotmail.com) on
Wed, Aug 12, 09 at 15:29

Fed Signals It Will Stop Buying Government Debt in October

TAKE NOTE!!! This *OFFICIALLY* marks the immediate absolute "BOTTOM" on the downward rate trend since the late 1970's and the now lifetime lows on longterm fixed mortgage interest rates. If YOU haven't got yours taken care of... this is "Last Call."

Dave Donhoff
Leverage Planner

Here is a link that might be useful: Fed Signals It Will Stop Buying Government Debt in October


Follow-Up Postings:

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RE: Fed Signals It Will Stop Buying Government Debt in October

What about on adjustable? I'm in the process of trying to sell my home and have an adjustable home equity. I don't want to go to the expense of getting a fixed mortgage. The adjustable is at 3.4%, a bargain for the past year.

What about the adjustable rates?

Jane


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RE: Fed Signals It Will Stop Buying Government Debt in October

Hi Jane,
Adjustables dance to a slightly different market... and most likely they'll be low for a few more years (if not a Japanese-style zero-interest decade.)

Cheers,
Dave Donhoff
Leverage Planner


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RE: Fed Signals It Will Stop Buying Government Debt in October

Thanks for getting back Dave. I'm breathing a sigh of relief!

Jane


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RE: Fed Signals It Will Stop Buying Government Debt in October

HAH.... thought you were cursing me.... had to go to Net Lingo to look up TTT meanings ;~)


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