Fed leaves Rates Unchanged!

Reblogger Gary Miljour
Mortgage and Lending with Lend Smart Mortgage NMLS#207208 NMLS 207208

Thanks Matt for sharing,

 

We the longterm rate unchanged, it should put some buyers at ease for the next few weeks. 

Original content by Matt Brady NMLS #311662

The FOMC left the federal funds rate unchanged as anticipated by the market. Ms Yellen also signaled she would raise the rate a .25 point as soon as the committee felt inflation was holding at 2% and there was improvement on the jobs front. She also indicated that there would be a significant time lapse after the first .25 point hike to make sure the economy absorbed the raise without impacting inflation or employment.

See you in October!

Matt Brady

 

Builder Sales Manager, NMLS ID#311662

(858)342-8659 cell |844-268-1952fax

 

 

mbrady@skylinehomeloans.com| www.skylinehomeloans/mbrady.com    
16456 Bernardo Center Dr., Suite 100| San Diego, CA 92128

 

    

 

 

 

BIA SanDiego 15 year Member and P2 Sponsor

 

 

 

BIA SMCBoard Member since 2012

 

 

 

 

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Rainmaker
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Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Good News/Bad News.  Yes, I just heard it on the news.  Interest rates unchanged for now.

Sep 17, 2015 06:35 AM #1
Rainmaker
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Gary Miljour
Lend Smart Mortgage NMLS#207208 - Southern Pines, NC
Mortgage Originator NMLS Licensed in AZ and NC

The jury is still out for me.  From a micro economics theory this is good for business for real estate.  From a mcarco econdomics theory, I am not too sure. 

Sep 23, 2015 04:59 AM #2
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Rainmaker
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Gary Miljour

Mortgage Originator NMLS Licensed in AZ and NC
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