Well the fed dropped the rate again today

The fed dropped the rate again today, what does that mean for interest rates, long term rates also followed suit lowering to 5.67 today. But don't get to enthusiastic this friday reports on unemployment will be out and if they look as bad as I think they will, I look to the stock market to react and also bonds. I look to see interest rates back up to yesterdays level by Monday or close to it.

So what I am saying if you are setting on the fence about buying get down get out and find that home and lock that rate. It may be a a while before we see rates as low as they are today.