TweetA commonly repeated statement among real estate and mortgage professionals here in Winter Haven and elsewhere is that — before a true housing recovery can begin — the cost of financing a home versus renting one must return to historical levels. If this is true, then hold on to your hats, folks – as…
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TweetFed Cuts Interest Rate to Between 0.00 to 0.250 Percent Well, it’s official. As of today, the benchmark Federal Reserve interest rate now sits at between 0.000 and 0.250%. In its press release, the Federal Open Market Committee (FOMC) defined 3 economic areas marked by significant decline since October: The deterioration of the U.S….
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