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The Fed has opted to do Nothing.

By
Real Estate Agent with Keller Williams Realty Kingstowne/Alexandria, VA Office

Which is a good thing if you have any debt and you want to see interest rates low. This goes for mortgages which affect our potential and current clients. As you may be aware, this also affects the value of the USD but at the same time affects our exports. In general, until the economy is at a point of going strong, this is good news for real estate agents, many of us who have some debt, as well as our clients who need to qualify for loans.

An  article of interest from marketwatch.com

 http://www.marketwatch.com/story/fed-to-stay-the-course-on-policy-language-2009-11-04

 

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