Money Matters – Fed Update!

The Fed has spoken and as expected no rate increase! Interestingly, no insight on when a rate increase may take place leaving the so called experts guessing again. I’m still leaning towards a rate increase at the earliest before year end but most likely mid 2016.

Interest rates and bond markets like what they see and rates are improving. As always, we are available to assist as needed with all of your real estate financing needs.

Money Matters- News Flash

Don’t panic over the recent rise in rates. German 10 Year Bund has risen from .40 to .80 bps in two weeks! Greece and Europe still have major headwinds. The June Fed rate increase talked about for a year, is highly unlikely to occur even as unemployment continues to improve.

More detailed update to follow in the coming days. Interest rates are still very favorable as real estate lending continues to heat up. Always available to assist as needed to secure the best financing for your project.