The Fed Rate Limbo... How low can you go?!

By
Real Estate Agent with Long & Foster - Fairfax Centre Sales

Wow! Check out this article on nytimes.com. The Fed has cut their benchmark rate to near zero!!! I think this will continue to fuel the refi boom. This isn't super amazing good news for a real estate agent like myself who depends on sales to make a living, but the people of this country still deserve such action! They deserve the opportunity to lower their mortgage liability. This coupled with lowered fuel prices might do the trick and start to turn this economy around... I hope! Again, Americans deserve this, especially since in my opinion, the interests of the people have been flushed down the toilet with reckless lending, overinflated home prices, and a bailout package that is costing taxpayers billions.

http://www.nytimes.com/2008/12/17/business/economy/17fed.html?_r=1&hp

 

Alexander Elkorek

Your Real Estate Leverage

REMAX Action Brokers

4102 S Timberline Rd

Fort Collins, CO 80525

970-219-8595

aelkorek@remax.net

www.FortCollinsPropertyFinder.com

www.FortCollinsHomeSource.com

Posted by

Alexander Elkorek - Fairfax Centre Sales

cell: (703) 424-1266 |  email: elkorek33@lnf.com | www.alexanderelkorek.lnf.com

13135 Lee Jackson Memorial Hwy, #100, Fairfax, VA 22033

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