Fed Rate Cut 0.25% for the first time since 2008 now what?

3 Replies

Originally posted by @Tom S. :

@Jeffrey Burke Long   All of my commercial mortgage loans that adjust with prime will decrease.  Not by much, probably $25 per mortgage but it does add up.  I'm happy with the decrease after the 9 previous increases!

probably does not affect 95% of the BP community.  However those of us with commercial short term bank loans 

IE construction etc that tie to prime we just got a little break.  but for bigger short term credit if for nothing else a confidence booster