It’s hard to miss the news of the FED rate cut today. But just because the FED cut rates as expected, what were the short term implications on the mortgage market? Mortgage News Daily’s rate blog released the following commentary 5 minutes following the decision: http://www.mortgagenewsdaily.com/mortgage_rates/blog/post.asp?id=30 About 90 minutes later, wholesale mortgage lenders dispatched rate improvement notifications. This information would probably be exciting to potential borrowers and mortgage...