Wednesday, September 18, 2013

Today the FOMC announced that it will continue purchasing $85 Billion of Bonds for at least one more month while it awaits more evidence that the economy is strengthening before it begins tapering off its Quantitative Easing (QE3) program.

Since the program began in 2008 the US Government has purchase approximately $3 Trillion of its own debt in efforts to stabilize the housing market and in turn the economy.

The FED expects to begin tapering off soon and end the program entirely by the end of 2014.  

What does this mean for you?

If you have been putting off refinancing, purchasing a move-up home, or looking into rental real estate - you've been given at least another month to re-consider before rates tick up as anticipated.

Contact us with any questions or scenarios you'd like to consider but just haven't fully explored yet.  We are always available to help you and your friends and family.

Call (801) 901-8490direct or email curtis@curtisprice.com for a fast response TODAY!


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