What will happen to Rates After the Feds meet Tuesday?
At this time it certainly appears that they will raise rates again. The real question is what will they say if anything about future hikes. We are in a world economy where economic news from other places in the world affect our rates much more than ever before (Oil Prices,currency,etc). Our economy certainly appears to be slowing down and if the slowdown in housing continues it could come to a halt. Only time will tell if the Feds need to continue to slow our economy down or is it enough at this time. They are very concerned about the possibility of INFLATION pushing its way into our pockets. Its a very fine line that we do not have full control of any longer. Our rates currently have no other place to go but UP at this time.
www.rateinformer.com
www.rateinformer.com

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