President Trump is calling for negative interest prices — why you need ton’t want for the to take place
Posted: Sept 14, 2019 9:47 a.m. ET
Would zero or interest that is negative assist US house purchasers?
The 30-year fixed-rate mortgage averages 3.56% in the U.S. But, the Federal Reserve is expected to cut its benchmark interest one or two more times in 2010.
The Federal Reserve should get our rates of interest right down to ZERO, or less, and now we should then begin to refinance our financial obligation. INTEREST COST COULD POSSIBLY BE BROUGHT Method DOWN, while during the time that is same lengthening the term. We possess the currency that is great energy, and stability sheet.
There is certainly some precedent for just what occurs whenever interest rates reach zero and below, of late in Denmark. Continue reading MarketWatch site logo design. Canada Goose stocks slump on warning over virus effect