Yesterday September 13, 2012 the FED'S announced they PLAN TO KEEP INTEREST RATES LOW not for just one or two years but for three years!!
I am Margaret C. Taylor Century 21 New Millennium REALTOR® sharing information in St Mary's MD.
By buying Bank Bonds, mostly mortgage debt, the FED'S PLAN TO KEEP INTEREST RATES LOW which they hope will encourage Bank lending and consumer buying.
What does this mean for the Buyers in the Housing Market? The LOW INTEREST RATES enable Buyers to purchase more house or keep their monthly payments lower. This should result in more Buyers.
What does this mean for Home Sellers in the Housing Market? More Buyers results in more sales and decreases inventory, which in turn could result in increased Sales Prices.
As you can see, one of the positive results of, the FED'S PLAN TO KEEP INTEREST RATES LOW could result in a stimulated Housing Market, and stimulation to the economy and jobs.
I am qualified to help YOU buy or sell your home, or real estate investment. YOU need a Buyer’s Agent, or Listing Agent, to represent YOU.
ASK A QUESTION HERE RealEstate@MargaretC.com
CALL or TEXT 301 481 8407 for a FREE Consultation
I am a Century 21 New Millennium Real Estate Agent. Ask for MARGARET C.
I welcome your REFERRALS in Lexington Park, Great Mills, California, Hollywood, Leonardtown, Mechanicsville, PAX River, and all St Mary’s, Calvert and Charles Counties MARYLAND
This blog is for informational purposes only and is not intended as legal or tax advice. An Attorney, CPA or other specialist should be consulted for specific needs.
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