Stocks Hit ’97 Level, Signaling Long Slump

Stocks Hit

Picture taken by YoTuT on 2009-03-02 19:04:46.

How Do Banks Determine Mortgage Interest Rates?

www.bestsyndication.com Have you ever wondered why banks continually change mortgage interest rates? There are many factors that help lenders determine both fixed rate and ARM mortgages. This video will explain how the interest rate is determined. There are many factors that affect mortgage rates including government bonds, rates that the government sponsored enterprise charge and the London Interbank Offered Rate. In this information program, we will discuss how these benchmarks are used to help bankers determine mortgage rates. One common benchmark cited for determining mortgage rates is the Federal Funds rate. This is the rate that banks charge other banks for overnight operations. That rate is currently in a range between zero and 0.25 percent. The discount rate is the Federal Reserve’s primary interest rate. This is the rate that the Federal Reserve, also known as our central bank, charges member banks. Unlike the Federal Funds rate, the Federal Reserve Bank has absolute power in determining this interest rate. The current primary rate for the member banks is 0.75 percent. Banks that are not eligible for this primary rate are charged 1.25 percent. A third seasonal rate is for small depository institutions that need to meet seasonal requirements. The Prime Rate is what banks charge their best customers, usually corporations and large companies. This rate is typically 2.5 to 3 percent above the Federal Funds rate. These rates rarely change, so why do mortgage rates

FINALLY! Ron Paul Camp says “FRAUD in Nevada Caucus Vote Count”

Examiner News Article Reports.. MSM shuts down and avoids live coverage of event.. The Ron Paul Camp should make a Campaign commercial type AD including this fraud taking place and AIR IT on MSM as part of his hammering the other candidates strategy.. And start screaming their heads off about it everytime they on MSM. Make it KNOWN!!! =============== BE SURE TO SUB THIS ONE!!! www.youtube.com (Working Backup) ==================== www.ronpaul2012.com Brief Overview of Congressman Paul’s Record: He has never voted to raise taxes. He has never voted for an unbalanced budget. He has never voted for a federal restriction on gun ownership. He has never voted to raise congressional pay. He has never taken a government-paid junket. He has never voted to increase the power of the executive branch. He voted against the Patriot Act. He voted against regulating the Internet. He voted against the Iraq war. He does not participate in the lucrative congressional pension program. He returns a portion of his annual congressional office budget to the US treasury every year. Congressman Paul introduces numerous pieces of substantive legislation each year, probably more than any single member of Congress. Great NEW Alternative to youtube. Which I will be using come March if and when ScrewTUBE changes Format here: SUB ME @ZIPPCAST.COM: www.zippcast.com Leaving a GOODBYE main video on my channel directing all to Zippcast! My Current ScrewTUBE Stats: www.youtube.com (Nuked) www.youtube.com