Team Nexus Real Estate Blog

Frank D'Angelo 8 years ago

After the long awaited decision of their 2 day meetings in Washington; the Fed policymakers announced and launched the not so suprising news of increased short term interest rates.  The Feds feel based on surveys and indicators that the economy has improved enough to be able to handle higher interests rates and wants things to be back to normal according to their statement released on December 16th, 2015.

Although the federal fund rate increase was quite small (approximately 0.25-0.5 points) th...
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