The Feds say "They are Still Worried"

The Feds said they are still very concerned about Inflation and it appears they are not going to lower rates as some traders thought. Wishing rates down will not work. The economy still shows signs of trouble as the numbers keep coming in mixed. More people working ,less spending, oil prices are up, no down, etc. The economy has had a good long run but it cannot continue forever. There will be a huge slowdown if the housing market continues it downward trend in pricing. Rates have been low a VERY long time and they are due for a upward trend with Inflation in sight as business tries to improve their profits by raising prices to cover their upward labor and medical costs. The feds may just know a little more than we give them credit for by raising rates and then suddenly lowering them. That does not make sense. If they lower rates so soon it would appear they were wrong to raise them so much in the first place. Happy home hunting with prices coming down daily and rates still on the low side. You need good credit scores to get the best rate.You can check your credit scores online at My Fico.Com or Equifax.Next, you need to have some savings for a 5% or more down payment. Do you have a good way to save for a down payment? We highly recommend Emigrant Direct. They pay one of the highest rates in the country on their savings account, with no minimums, no fees.