Curtains for the USD? mmmm!

see what I mean ??

That is the Fed increase , not YOUR mortgage Lender 

[quote author=The Chairman link=topic=65032.msg669796#msg669796 date=1450293419]
well fargo prime 3.50
[/quote]

Hardly anyone gets Prime.

its all prime +   

[quote author=ketchim link=topic=65032.msg669797#msg669797 date=1450293461]
see what I mean ??

That is the Fed increase , not YOUR mortgage Lender 
[/quote]

say whatttttttttttttttttttttttttttttttttttttttttttt.

whoaaaaaaaaaaaaaaaa.  which bar you passed?

[quote author=ketchim link=topic=65032.msg669798#msg669798 date=1450293512]
Hardly anyone gets Prime.

its all prime +   
[/quote]
and what does that tell you.  You went to Liberty express school of economics?

[quote author=ketchim link=topic=65032.msg669800#msg669800 date=1450293603]
Commercial Banks dont use Federal bank increase , here !
[/quote]

you will see

Commercial Banks dont use Federal bank increase , here !

The Fed increase is an increase to the Commercial Banks.

NOT the general population !

Lets see IF you Amricans are the same 

[quote author=ketchim link=topic=65032.msg669804#msg669804 date=1450293674]
Commercial Banks dont use Federal bank increase , here !

The Fed increase is an increse to the Commercial Banks.

NOT the general population !

[/quote]
i know.  so if it cost banks more to borrow. what does the bank do then?

[quote author=ketchim link=topic=65032.msg669791#msg669791 date=1450293202]
Bank of Canada raise 25 basis points

which is really the overnight lending rate to the Commercial Banks

The commercial banks then raise a full point to the Citizens  >

send people mortgages Crazy
[/quote]

Lets see how it trickles down to YOU

[quote author=ketchim link=topic=65032.msg669790#msg669790 date=1450293125]
Bond Market should be the least concern for the average Citizen as well as the Dow , as well as GDP.

Credit cards, Car Loan , Mortgages et cetera
[/quote]

wait on your credit card statement 

yellen speaking