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Prudential Malibu Realty for MALIBU real estate agents, Topanga Canyon realtors®, and Malibu realtors®
Main :
Home | Find An Agent | Prudential
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Malibu Press Releases
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Real Estate Agent
Malibu Community Resources:
School
Information | Malibu City Information | Beach Cam
Locations and Communities:
Topanga Canyon | Malibu Land | Point
Dume | Pacific Coast Highway | Paradise
Cove
Broad Beach | Carbon
Beach | Encinal Bluffs | La Costa Beach
Malibu Colony | Malibu
Country Estates | Malibu Park
All information deemed reliable. Pricing and square footage information subject to change.
The Fed Funds Rate is the interest rate banks charge each other for the overnight sale of immediately available funds. Banks are lending to banks here. The Discount Rate is used when banks borrow funds from the Federal Reserve. These are funds that are not currently in the banking system. What the Fed is doing by raising the discount rate is limiting the amount of NEW MONEY that could be put into the banking system. Because there are currently over $1 trillion excess reserves already in the banking system…this move is not really a big deal. More than anything it’s psychological.
Inman news and la times are good sources. Local sources include Malibu Times and Surfside News