Commercial Hard Money
Fed Rate The interest rate that banks charge each other for the use of Fed funds. It changes daily and is a sensitive indicator of general interest rate trends. The Fed funds rate is one of the two interest rates set by the Fed, the other being the discount rate. |
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Thank you thank you, thank you. You saved our project and our sanity. We stood to lose a $925,000 deposit. You not only saved it for us, but enabled us to move forward, complete the project, and make a profit - and in this market, that's really saying a lot. You have our loyalty from here on. |
