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Now is the time to purchase a home, now before rates rise and your buying power goes down on your Gulf Breeze Florida home.
If you have been sitting on the fence trying to decide if you should or should not purchase a home. Of course you know that buying a home gives you more security, builds your wealth, gives your family a sense of well being and success. Helps to improves your childrens grades and builds your new worth faster than most other investments.
But if you have made that decisions to purchase or build then you need to be concerned if rates are going up.
Many predictions have been published regarding the whether interest rates will raise 1% OR 2% IN 2014 but very few economist are predicting rates to same the same or fall. It is widely known that the FED has been purchasing 85B in bonds every month. But with the economy continuing to grow and job growth preparing to make some good gains, the FED may start to TAPER the purchases of these bonds starting early this year.
Fed says “the economy is growing moderately”.
Fed says ” it will keep buying $85 billion a month in bonds until the outlook for the job market improves substantially”.
Bond purchases lower long-term interest rates which encourages consumers to borrow, ... more
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