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All Tags » federal reserve » jeffrey lacker » credit markets (

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Fed's Lacker Says Slowing Economy May Lead to Further Credit Tightening

Richmond Federal Reserve Bank President Jeffrey Lacker said that slowing economic growth and weakening labour markets in the U.S. may prompt banks to further reduce their lending to consumer and firms, thus leading to further credit tightening. "The deterioration of economic conditions is playing...

Posted to MND NewsWire by CEP News Feed on Mon, Nov 3 2008
Filed under: Filed under: Federal Reserve, jeffrey lacker, credit markets

Page 1 of 1 (1 items)

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Mortgage Rates:

30 Yr FRM 3.90%
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15 Yr FRM 3.26%
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Jumbo 30 Year Fixed 4.15%

MBS Prices:

30YR FNMA 4.5 106-17 (-0-03)
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30YR FNMA 5.0 107-32 (-0-01)
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30YR FNMA 5.5 108-31 (0-01)

Recent Housing Data:

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Refinance Index 0.83%
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NAHB Builder Confidence 16.00%

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Fed's Lacker Says Slowing Economy May Lead to Further Credit Tightening

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