Delaware Business Blog

Federal Reserve boosts short term interest rates again

Alan Greenspan & Co. raised rate to 3.25% earlier today.
Read the press release.

One thought on “Federal Reserve boosts short term interest rates again

  1. Greg

    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).-

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