3rd Interest Rate Hike This Year

Dated: 09/27/2018

Views: 169

If you were thinking of purchasing before interest rates go up even more, now's the time!

The Federal Reserve is set Wednesday to raise interest rates for a third time this year and possibly modify the likely direction of rates in the months ahead.

The big question is whether the strong U.S. economy, which has been fueled this year by tax cuts and increased government spending, could weaken next year, especially if President Donald Trump's trade fights begin to inflict damage and the benefits of tax cuts start to fade.

If the Fed finds that prospect likely, it might signal Wednesday that it expects to slow its rate increases next year.

The Fed's key short-term rate now stands in a range of 1.75-2 percent after two quarter-point increases in March and June. A similar rate hike Wednesday would raise that range to a still-low 2-2.25 percent.


Click here for more information.


Sydni R. Chattman

Want to Advertise on this Site?

Latest Blog Posts

Does A Pool Add Value

How much value does a pool really add?February 18, 2020 By Ryan Lundquist What is a built-in pool worth? I get asked this question all the time. Well, let’s look at some fresh stats

Read More

Sacramento Housing Market Is Heating Up

By Ryan LundquistThe market is definitely heating up. Have you noticed? This week 500 properties got into contract in the Sacramento Region. There were 600 new listings also. Here's a cool way to

Read More

Feb 11 2020 Looking For A New Home

Come chat with me on your new home buying dream. Are you looking for a new home, or wanting to buy a older home, or a model home, lets chats , I would be glad to help you achieve your goals. 

Read More

Pineapple Lovers

Turn Your Pineapple Upside Down to Improve Its TasteDo you love pineapple as much as we do? Whether it’s in piña coladas, cakes, or just on its own, we can’t get enough of that sweet summer

Read More