The Fed to Change Our Biz?
The Fed meets again this week. Smart money says that they will drop rates again.
See this AP article to be brought up to speed:
http://ap.google.com/article/ALeqM5h8KpyRBjeJw2gfbZZF3Kt4NfKeDAD90AO4D00
Your thoughts?
I am finding that the problem is not the current rates, but that the money is too tight. Lenders are not 'lenders' at all, but rather 'hoarders'. When, and if, they cut again this week, will it effect our business?