FEDS LIKELY TO SIGNAL A MARCH INTEREST RATE HIKE!

FEDS LIKELY TO SIGNAL A MARCH INTEREST RATE HIKE!⁣⁣⁣⁣⁣⁣⁣ 

⁣⁣⁣⁣⁣⁣Today, 1.26.22, the Federal Reserve and Central Bank are expected to issue a statement expressing that they are committed to fight against inflation.⁣⁣⁣⁣⁣⁣⁣
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With a nasty stock market correction and global-political tensions rising, the Feds are in a tough spot to help the economy after more than two years of low-interest rates and easy policies established to try and counter the impact of the pandemic.⁣⁣⁣⁣⁣⁣⁣
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PSA TO HOMEBUYERS⁣⁣⁣⁣⁣⁣⁣ 
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If you were qualified for a home in the last few months, I highly encourage you to reach out to your realtor and lender to get a new set of numbers. ⁣⁣⁣⁣⁣⁣⁣
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Even a slight rise in rates can significantly impact your purchasing power. ⁣⁣⁣⁣⁣⁣⁣
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Earlier this week one of our buyers who was previously qualified up to $870k was disappointed to learn that with this week’s rates near 3.5%, his purchasing power was reduced to $800k.⁣⁣⁣⁣⁣⁣⁣
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Please share this with someone you know who is trying to time the market!⁣⁣⁣⁣⁣⁣⁣
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#interestrates #fedreserve #centralbank #estateofgrace #krysbenyamein #stockmarket #marketcorrection