One Year Later

The Federal Reserve has continued to monitor for improvement in the market and the economy to warrant an easing of the restrictions on the amount banks can charge banks for money, ie how much they can charge for lending money to home owners and potential home owners as well as how much market funds and investments can make on their investments.  Recent improvements although slow and cautious are beginning to reach a point where rates are really expected to go up and when they do, buying power for home owners will decrease more than most young buyers realize.  But the word is out and there are currently more buyers and sellers working to move this Fall and get settled before the rates rise affecting how much buyers can buy.  Happy Moving and Happy Veterans Day 2015.