Better Late than Never – U.S. Credit Scores Drop

It's a tragedy that the U.S. Credit Downgrade has not happen sooner.  I mean the state of the economy as it is – well, is just pitiful.  Even though this credit downgrade is "official", there is expected to be little impact on the direction of interest rates.  

So what does this mean to us?  I think we are still at status quo.  It is all a matter of time and consumer confidence in the market.  Until then, those of us who are doing deals are just plain lucky.