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Mortgage and Lending - Gibraltar Private Bank & Trust
South Florida's Jumbo Loans and Luxury Homes

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2007 

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There appears to be a lot of confusion about what the Federal Reserve did last week in response to the developing credit and liquidity crisis.  The Fed lowered the "Discount Window" rate by .5%.  The Discount Window rate is the interest rate that the Fed charges banks for short term loans, typica...
08/19/2007
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James R. Venney

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