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- Feds Raise Rates
Feds Raise Rates
- Dec 01, 2015
- New Home Ambassador
- fed raise rates rate increase housing market
December should be the month after years of zero interest, now is the time.
Why now you ask? Inflation is nearing 2.5%, the housing market is slowing, so why now? When the rates go up, Buyer's hop back into the market and get off the fence.
Rates are at a 30 year low and 1/2 % rate increase will not be felt by most. Gas prices are low, unemployment is low and most families have paid off or down their debt, so the economy is ready!
Now we can start earning money on our savings accounts again and get the housing market back where it needs to be, remember, The Feds don't normally raise rates in an election year, so it's December or bust!!
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