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Will December 11th Bring Another Federal Reserve Cut?

In the Mason Dixon Week in Review (for 11/19/07), Senior Loan Officer Fontaine Williams indicates there is slight Fed talk of no further rate cuts, while others anticipate another quarter-point cut that will be announced on the 11th of December.

Williams says, “In general, Bonds and home loan rates have improved in recent weeks - and until a catalyst arrives to knock Bonds and home loan rates off the ‘Up Escalator’ of improvement, we will likely continue to see more of the same.”

The takeaway from this article is with the upcoming possible announcement from the Fed, and the release on Tuesday of the Housing Starts and Building Permits report will give investors greater insight into the market to come!

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