Contributing Editor SUSANNE TRIMBATH on The Street regarding economics

by Kaitlin Hopkins 02/07/2010

"As the fed funds rate falls, the mortgage rate does not come down to meet it," says Susanne Trimbath, chief executive of research firm STP Advisory Services and a former document editor for the San Francisco Federal Reserve. "If people look at where it says how your rate is calculated for mortgages, home equity loans and even credit cards, not many of them are tied to the fed funds rate."

Susanne on The Street

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