When the Fed lowers interest rates, why not lower the rate attached to 30 yr. mortgages? related questions

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When the Fed lowers interest rates, why not lower the rate attached to 30 yr. mortgages?1Help me please2012-11-05 01:56:03
Instead of lowering rates linked to short-term loans to banks lend to each other , why not drop rate mortgages tied to 30 yr ? This would help the economy by allowing those with fixed rates to refinance and put more money into the economy and help those affected by the sub -prime ARMS .
Why are mortgage loan interest rates higher for fixed rate mortgages held for longer periods of time?0n.2012-10-07 11:16:35
Sorry if this sounds like a silly question , but I do not understand. For example , why are 30 years fixed mortgage rates the highest mortgage rates , vs say a 15, and why are 15 year fixed rate mortgage higher than adjustable rate mortgages ? It seems that lenders are taking a greater risk with an ARM versus a fixed rate mortgage and have to pay a higher rate (eg , comparing this situation with a new car loan versus a used car loan - the risk is higher in a used car loan ? ? ? ? MedlinePlus I can understand a fixed rate loan of 30 than 15 - a higher risk of default by the borrower , but still do not get the ARM be so low .
What do Americans think of these loan interest rates from an Irish bank,are interest rates in the US lower?0concy2012-11-04 01:57:45
From what I know they are higher than US banks? http://www.aib.ie/personal/loans/Persona
Is it a bad idea to refinance a car at a higher interest rate even if it lowers my payments?6smiley face2012-09-23 05:30:03
In a period of 2 years I bought a new car, new house, and became self-employed . I want to refinance my car, which was origainlly a loan of $ 18000 and now I only have $ 10,000 on it. The bank said that since I am full and do not have sufficient evidence of self-employment income , however , the rate would be 10 %. HOWEVER . It would lower the payments of $ 375 a month to $ 250. It's stupid to do that? I'm not going to pay the car off , and only have to pay $ 500 more in interest. However, someone told me that going to bring down my credit to refinance at higher rates . Is it a bad idea?
How can i lower my credit debt or get my interest rates lower so i can prevent from filing bankruptcy?0Christia2012-10-11 17:21:38
i have excellent credit , but my payments are eating me alive .... My income has gone down and I'm barley surving but having to pay interest rates exorbant ... I have to have an unsecured loan any suggestions
Is it possible to postpone student loan consolidation to wait for lower interest rates rates?0Bryan2012-08-22 20:38:02
I graduated six months ago with several federal student loans combining more than 40K . Which is better for me to consolidate now or stay ? Will the fed cutting lending rates ( now 3 % ) affect interest rates offered by preparers loan? Will I be offered either variable or fixed if I consolidate ?
Why would someone pay the higher interest rates when lower rates are available elsewhere?1Brittani2012-10-15 03:30:04
this is a question I have for homework . Refers to auto loans , banks , credit unions and the like .
My loan has 2 rates: Annual Percentage Rate & Interest Rate- I thought I would only be charged the interest!?0b rad2012-11-05 18:37:39
I have $20,937.01 in credit card debt. I know, I know, I really did myself over. My interest was off the charts on 3 separate cards, so I applied for a personal installment loan and received $20,000.00 at an interest rate of 6.99% over the course of 60 payments at $437.34 each. I have NEVER taken out a loan before and I tried to listen attentively and ask as many questions as possible in order to fully comprehend all the details, but I was never told about an Annual Percentage Rate of 7.223%, which I can now see on the paperwork I was given to take home with me. I am very confused. Why are there 2 rates? How is this decided? How much am I actually going to pay in interest then? I would really appreciate some insight. Thanks so much!
What bank will give me an interest rate lower then 7.5 for a car loan? Or is their another way i can lower the?1Odyssey2012-10-24 09:14:04
interest rate on my car ? ? ? ? ? please help .
Why don't they simply lower interest rates...?0Pizza2012-10-27 11:18:09
... for owners of existing homes in danger of foreclosure ? They are variable rate loans mostly greedy putting people out of their homes . Redo loans so the owner can stay in their homes and the banks get their money , despite the high rate of an adjustable loan .
Does lenders give a lower rate if the rates drop in the LOCK PERIOD ?0Japan has been 'thinking 2012-11-05 12:06:47
Lets say I lock a interest rate today for a home loan for 30 yr fixed 5.25% for 30 days 1)If rates come down within the 30 days about .25% or more , does lender honor the lower rate ? 2) Do you think home loan rates will come down this week ?
I have a private education loan of est. $60,000 w/ interest rate 9.25%. How can I get a lower rate?0Kenny2012-10-26 10:20:20
My monthly payment is bt . 450-500 and goes all the interest . I would be grateful for any advice on private student loans and how to get a lower interest rate .

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