Interest Rates to Remain Low for South Lake Tahoe Home Buyers
April 29, 2010
The federal open market committee reiterated that the main US interest rate will remain in the range where it has stood since 12/08. No hint was given that changes in policy tightening is anywhere in the foreseeable future remaining cautiously optimistic about the encouraging economic indicators and noting the the risks of a double dip recession has receded. Some of the indicators on both sides were a recent jump in new construction while employers are still reluctant to hire new workers. Let’s embrace the up-tick in consumer confidence and the good news on interest rates which will strengthen Lake Tahoe Real Estate sales this summer. To read more about the recent Fed promise on interest rates visit financial times online at http://www.ft.com/cms/s/0/3a932b88-5327-11df-813e-00144feab49a.html. Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830.
Comments
Got something to say?