The cut in the interest rates has not had very much impact in California for two reasons. First of all, banks are still afraid to loan.
降低利率在加利福尼亚州没造成很大影响的原因有二。第一，银行仍然害怕放贷。
《柯林斯英汉双解大词典》
2
Stocks, too, took a hit, although the sell-off in the U. S. was also fueled by renewed concerns about the impact that home loan foreclosure problems will have on banks.
股市遭受打击，各级银行的房屋贷款止赎问题引发新的担忧情绪，导致美国股市出现抛售。
3
Mortgage delinquencies have yet to stabilise, with supposedly high-quality "prime" loans now also souring fast and loan-modification schemes having little impact.