Wednesday, January 30, 2008

Call Me Crazy

i'm not super at economics, finance, that business stuff (though i do manage our money so i'm not totally clueless... well close) but i was checking out how much the fed rate cut impacted home loan rates and found the following.

someone please tell me how the apr can be lower than the rate for a home loan because that isn't really making sense to me.

No comments: