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FRB vs Mortgage rate

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    2008-03-1714:02:38 #301098
    oryun 12.***.87.53 3076

    I read news that
    the U.S. Federal Reserve has cut the discount rate by 25 basis points from 3.5 percent to 3.25 percent today.
    Does it affect the mortgage rate down?

    thanks

    • Reply
      모게지 129.***.2.30 2008-03-1714:13:16

      아니요.둘이 관계 없습니다.