Good Afternoon,
Mortgage rates are slightly higher this week. On Wednesday The Fed voted to keep the benchmark rate between banks in a range of zero to 0.25 percent. Consumer spending reports came in better than expected and showed the biggest gain in two years. Despite rising unemployment and falling home prices, consumer confidence was up in April. Record low mortgage rates, moderate gasoline prices and surging stock prices are providing some relief for consumers and improving their confidence. Confident consumers are spending consumers—and spending consumers will play a huge part in pulling the economy out of its current situation.
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Call Michelle direct - 1.503.320.5141
via email michellejo@johnlscott.com
You have a friend in the real estate business.
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