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Here are some interest rate chart --- may be the last we see of that great decline

stimulating the real estate segment of the economy for awhile!

Here's how the Federal Reserve Board's changes to the federal funds rate have been reflected in other key interest rates over the past 10 years.

2001-2003 key interest rate moves
By Bankrate.com 

Not all rates move in lock step with the Fed. Mortgage rates, for example, hovered around 7 percent while the Fed was aggressively slashing rates in 2001, but more recently have fallen faster than the fed funds rate. Other products, such as credit cards, have built-in delays before they reflect Fed actions.

THREE MONTH TREND: Mortgage Rates

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