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Interesting interest rates in USA. 1929 again?



Grzegorz_Threads: 81
Posts: 6,213
Joined: Nov 16, 06
  Jan 22, 08, 14:34 /  #
Looks like interest rates in USA are now lower than inflation... Doesn't seem to be responsible... 1929 again... ?
kman67Threads: 2
Posts: 93
Joined: Nov 8, 07
  Jan 22, 08, 14:36 /  #
I highly doubt that it is going to be 1929 all over again. But I am sure going to refinance my mortgage in the very near future. Bought in September at 6.75% Last week, rates were 5.8%. I am still waiting to see how this .75% cut shakes out...

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