interest rates fed: Interest Rate Hike and Real Estate
- 12/08/15 12:44 AM
Over the past few months the FED has been contemplating raising interest rates. They have not made the move yet but plan on an increase after the first of the year. With rates already at an all time low of 3.65 % a small increase in rates over 4% is not cause for concern in the real estate market. Buyers are eagerly getting loan approval and moving towards a home purchase faster now than in the last year. With the fall/winter real estate season super busy it seems that the most important factor holding back sales is a lack of housing inventory. (0 comments)
interest rates fed: Interest Rates Rising?
- 10/19/15 01:19 AM
For the past few weeks the FED has been pondering the idea of raising interest rates. So far they have not made the move and rates are at an all time low. Even inching the rates up is not cause for concern. One of the best things for even talking about interest rates rising is that it is keeping the real estate industry on the move. Buyer’s are concerned with the possible rise so they are eagerly getting loan approval and moving towards a home purchase faster now than in the last year. We are now in the fall real estate (0 comments)
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