FED Reduces Rate-Good or Bad

It's not going to get buyer's out because the reality is, is that some cannot afford or qualify, regardless. The only thing that worries me is that consumers might spend more on other things to increase debt. Reducing the rates will assist the current ARM holders, 2nd Trust Deeds and assist lenders to re-structure borrower's loans. Let's just hope consumers don't go on a spending spree. If only we can control spending in a direct way. Email me if you need help budgeting. It's my area of expertise.