Fed’s Latest Move May Send Rates Lower - The Federal Reserve announced this week that it will invest $400 billion in long-term Treasury securities over the next nine months, which is expected to send interest rates on mortgages even lower. The Fed’s move is yet another attempt to try to stimulate economic growth. Economists predict that interest rates could drop by a few tenths of a percentage point. Read article:
http://realtormag.realtor.org/daily-news/2011/09/22/fed-s-latest-move-may-send-rates-lower
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment