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ADVISORY/Experts Available to Discuss Fed's Half-Point Interest Rate Cut; California Association of Mortgage Brokers Can Discuss Impact On Homebuyers.


News/Assignment Editors

ADVISORY...for Wednesday (Nov. 6)

--(BUSINESS WIRE)

The Federal Reserve cut interest rates by half a point this afternoon -- more than many financial analysts expected. Since rates are already the lowest in four decades, this could have a significant impact on homebuyers.

Interested media may interview a local California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  Association of Mortgage Brokers industry expert by contacting Ryan Richert or Sara Hyde at Randle Communications, 916/456-0880 or after hours Adv. 1. after hours - not during regular hours; "he often worked after hours"  at 916/501-5545.

The California Association of Mortgage Brokers is a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  representing more than 2,000 industry professionals throughout California. CAMB CAMB California Association of Mortgage Brokers
CAMB Cell and Molecular Biology
CAMB California Aggie Marching Band (University of California, Davis)
CAMB Center for Applied & Molecular Biology (Pakistan) 
 provides ongoing education to industry members, maintains industry standards, and supports efforts to increase consumer understanding of mortgage broker services. Additional CAMB information can be accessed via the Internet at www.cambweb.org.
COPYRIGHT 2002 Business Wire
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 6, 2002
Words:129
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