Interest rates are affected by the following three factors: the bond market, the Federal Reserve, and the health of the economy. On December 16, 2015 the Federal Reserve announced that it would be raising the federal funds rate by .25 percent. Here’s how this announcement will affect the real estate market. What does this mean…
HOW THE FED’S MOVE WILL AFFECT THE REAL ESTATE MARKET
Interest rates are affected by the following three factors: the bond market, the Federal Reserve, and the health of the economy. On December 16, 2015 the Federal Reserve announced that it would be raising the federal funds rate by .25 percent. Here’s how this announcement will affect the real estate market. What does this mean…