buying a home Debt consolidation economy employment refinance selling a home Uncategorized

Why You Should Be Paying Attention to The FED Rates

The Fed Building

Image source: Google

As you know the Federal Reserve just announced that interest rates are holding steady! The goal of the committee is to maintain the target range for the Federal funds rate. This is to support the expansion of economic activity, strong labor market conditions, and favorable inflation.

Why should YOU pay attention to this?

A couple of reasons:

  1. You’ll be informed on the state of the economy
  2. You’ll gain knowledge on the state of the job industry
  3. Paying attention will keep you up to date on the rate of inflation
  4. If you own a home, it lets you know if you can be saving money by refinancing to get a better interest rate
  5. If you are looking to purchase a new home, you want to purchase while rates are low

The next meeting is on March 17th & 18th.

Hall Financial (NMLS #1467435) was formed in early 2016, founded on a common mission: to be the most client focused mortgage company in the industry’s history. We were going to stop the trend of treating homeowners and homebuyers as transactions and instead, welcome them as family. We provide all of our clients with 5-star VIP service. Here, we bring you up to speed and keep you in the know with the latest housing news, home trends, and more!

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