Thursday, February 18, 2010

Homebuyers Should Get Going Now Before It's Too Late - US Federal Reserve Talking About Raising Rates

Of primary concern for a homebuyer is mortgage rates and affordability of the loan.  If you are concerned about home loan rates and want to be a homebuyer, now is the time for you to get moving.
Bernanke and US Fed are talking again about raising short term rates.
How and when will the Federal Reserve start raising short-term interest rates?
Another issue for them is how to manage and shrink the $2.2 trillion balance sheet that the Fed amassed when it put big money into the economy, 2008 and 2009.
So homebuyers should get going now and not wait for the Federal Reserve to raise interest rates as expected.

Harrison K. Long, Realtor & broker, Explore Group, Coldwell Banker Previews, Irvine, CA.  CA DRE #01410855.  Lawyer member of the California State Bar Association - State Bar number 69137.  Helping People with their Best Decisions About Real Estate at Orange County, California. 


Posted via email from Explore OC Homes


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