Real estate blog entries tagged with refinancing by Anna Lukyanova (Century 21 Sundance Realty)

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Home : Blogs : Anna Lukyanova : Anna Lukyanova's Blog : Tag "refinancing"

refinancing: Stock Market is Up, and what it Means for Real Estate Industry - 03/12/08 01:43 PM

On Monday, the Fed made a surprise announcement to increase the length of time banks can use funds through the "Fed Window". Keeping things simple, banks have longer time to "pay back" the Fed on borrowed funds. This should help banks increase the amount of money available for loans with less risk to their shareholders. The Dow Jones Average was up over 400 points on Tuesday as a result.
People have been afraid to make big ticket purchases in times of uncertainty including cars, houses, luxury items. Consumer confidence will need to be restored in order to begin to get America … (7 comments)

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Anna Lukyanova

Daytona Beach, FL

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Century 21 Sundance Realty

Address: 1102 Pelican Bay Dr, Daytona Beach, FL, 32119

Office Phone: (386) 756-6800

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