What’s Up with the Fed?

Up or Down

If you’re thinking about purchasing a home in the near future, refinancing, selling, investing in absolutely anything… then what the Federal Reserve is up to with interest rates is probably on your radar.

If you’ve kept an eye on the Fed’s temperature – you may have come across articles like this recent one from Business Insider, reassuring us that interest rates are unlikely to rise in September.

What does this mean for you as a Buyer? Strike now before the Fed changes its mind and rates go up a notch.

What does this mean for you as a Seller? The market in Metro Denver has slowed a bit, but the pool of Buyers continues to be substantial, and homes are still in demand. If you are thinking about waiting until Spring to list, don’t wait! We’ve got plenty of sunny weather left this year – now is a great time to list your home for sale.

If you are considering refinancing or taking out a HELOC, talk to a home finance professional about your options now – don’t wait for rates to improve – rates are attractive right now, and it won’t pay to put off a financial conversation you’ve been planning to have if it involves interest rates.

Whether you are looking to Buy, Sell or talk about the market on your street or town, I’m here to help. Give me a call!

Jack Meyers
Twitter: @jackestate 


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