Cut-Rate Afternoon Mortgage Meltdown: A wee bit of good news... - NBC Bay Area

Cut-Rate Afternoon Mortgage Meltdown: A wee bit of good news...

    processing...

    NEWSLETTERS

    A wee bit of good news for the credit market, your potential mortgage and all those hurting condo projects. The Federal Reserve cut interest rates by half a percentage point -- the thing's down to one single percent now, which is its half-century low. [Bloomberg]

    For more stories from Curbed SF, go to sf.curbed.com.