Fed Slashes Interest Rates Near Zero, Eases Lending Rules- Florida Realtors
“In addition to a full-percent interest rate cut, the Fed will take other stimulus steps, saying COVID-19 “weighs on economic activity and poses (economic) risks.” The move should benefit adjustable rate mortgages, credit cards and other short-term loans.” “The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage […]

