Fed Cut Is Bad News For Savers
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Adjustable-Rate Mortgages,
Savers,
Interest Rate Cut,
Raised Fees,
Write-Downs,
Fed Cut,
Federal Reserve,
Home-Equity Loans,
Credit Card Rates,
Lenders,
Business News
The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...
USA Today | Barbara Hagenbaugh | Posted 03.28.2008 | Business