HELOC or HELOAN? It May Be Too Soon To Tell.

Okay, so you've seen me use this sort of graphic before. Published by the Federal Reserve Bank of Cleveland, this Fed Funds Rate Future chart is an analysis of what action market players think the Fed will take at its next meeting. The Fed next meeting is a two-day affair beginning October 30. The Fed Funds Rate matters to regular people like you and me because it is used to calculate Prime Rate, the rate on which credit card interest...

Read More...

[Source: The Mortgage Reports Blog]