What do you think on the latest news of the interests rate cuts?
I say if there is no agressiveness in lowering rates SOON, there will be a definite recession.
In my opinion, I say have Feds cut rates to 0% for 1st year.
2nd year go to 1% interest.
3rd year go to 2% interest.
4th year go to 3% interest.
5th year go to 4% interest.
6th year go to a 5% interest rate!
When rates reach the 5% mark, have that be the capping point.
I do not think it takes a rocket scientist to see the math.
Even at the 5% ~ banks still make a great profit!
What happened to the saying? It is about quantity!
With quantity comes quality.
Wow~ I rattled alot here in a short bit of time!
Post your opinion on my post and forward it on.
Who knows, this might hit the desk of the FEDS!!!
Feel free to contact me via email info@myrtlebeachhomeandloan.com
Chris Webster
1091 Redi Mix Road
Ste C
Little River, SC 29566
Cell Phone: (843) 450-1915
http://www.islandpalmsrealty.com
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