Ben Bernanke Announced That The Fed Discount Rate Will Go Up!

This past week Wall Street reacted negatively to a report by the Federal Reserve Chairman, Ben Bernanke. He announced that the Fed Discount Rate will go up. This sent the Dow Jones Average down by about 100 points. So what is Wall Street worried about? My guest this week is Norm Hansen from Amwest Mortgage. Listen as he gives the perspective from the lender world.

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Thank you for listening!