Originally Posted by O.city:
So pumping more money into the market to keep it afloat?
No idea with what the other central banks will do but it's basically in line with the thinking in the $1,500,000,000,000 repo agreements the Fed made with the large banks here: to ensure credit markets don't freeze up.
Wife and I have been waiting to do a re-finance loan, wonder if this will give us a better shot for a better rate. Don't know if they're connected at all, not a finance guy really, but we've wanted to pull that trigger for the past half year or so to take care of some CC debt. I'm not a finance guy outside of the basics and calculations. [Reply]
Originally Posted by Gravedigger:
Wife and I have been waiting to do a re-finance loan, wonder if this will give us a better shot for a better rate. Don't know if they're connected at all, not a finance guy really, but we've wanted to pull that trigger for the past half year or so to take care of some CC debt. I'm not a finance guy outside of the basics and calculations.
If your original loan is close to whatever lenders are quoting now and you plan to move on from wherever your living now soon then it's probably not worth it. [Reply]