Labels:chat room | crt screen | hakham | monitor OCR: our banker does again Fied-rate mortpage CO 1090 1/91 91 You always knewit was true, and here's proof: the chart above shows that when the Federal Reserve acts tare duce interest rates as has for the past year banks tend to swittly rcut the rates they Ped you while holding the line the rates they charge you Tields on six-month CDe far example are than two percent tage points over the past year During the same per iod, mortgage rates have fallen only half as much Other barrowing rates have ienored the laws of gravity altogether Forex ample aurto-loan rates have harely budged withint the 11% to 12% range: since 1988 In fact they inched up OYer the pasi month Tour Pnln Fued lrape rcheo
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