New guidance from the Federal Reserve on Interest rates

By
Real Estate Agent with Coldwell Banker Residential Brokerage 0649168

            In her first news conference as Fed. Chairman today, Janet Yellen says the target of 6.5 percent unemployment will no longer be a threshold, instead, the Federal Open Market Committee will monitor a wide range of indicators before approving a interest rate hike. Will continued low interest rates hurt or help the housing market?

 

 

 

 
 
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Michelle Doell
Keller Williams Select Realtors
O 443-261-1100
michelle@mdhomesforu.com

 

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