The Federal Reserve and San Diego Real Estate
by on March 17, 2008
in featured
The Federal Reserve is at it again.
Guess who was working the late shift this past Sunday night (hint: begins with an “F” and ends in ederal Reserve)?
That’s right while San Diego residents were relaxing and preparing themselves for Monday morning the The Fed. decided to cut interest rates two days before their meeting tomorrow.
The question is how does this affect you as a homeowner or a homebuyer in the San Diego real estate market? Well for one thing you can get lower interest rates on your home loan which obviously leads to owning a house viable.
Right now it seems as if Bernanke is doing his best to save the economy (or the financial industry). I guess only time will tell…and we don’t have much of that left.
What do you think? Is the Federal Reserve doing the right thing in cutting rates?
Tagged as:
federal reserve rate cuts,
home loans,
homebuying,
interest rates,
mortgage loans,
san diego homes,
san diego mortgage market,
San Diego Real Estate
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