Federal Reserve boosts short term interest rates again By admin June 30, 2005 Accounting & Finance 1 Comment Alan Greenspan & Co. raised rate to 3.25% earlier today. Read the press release. ← SEO by the SEA August 2005 Delaware Officials react to the MBNA sale → One thought on “Federal Reserve boosts short term interest rates again” Greg July 1, 2005 at 12:10 pm Despite that expected news, and the Feds rather overt hint that they will continue this trend, long-term mortage rates still low and in most cases falling. Consequently, housing prices continue to sore. As a future home buyer all of this is quite disturbing. A likely senario for this market in 2-3 years (the time I will HOEFULLY be purchasing a home) is grossly overpriced homes w/ higher mortgage rates(assuming these cont. st rate hikes take effect).- Reply ↓ Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Notify me of follow-up comments by email. Notify me of new posts by email.