Fed Lowers Interest Rate Again!

Well, the Fed has reduced the interest rate again:

From WBALTV.com:
"The Federal Reserve, confronted with surging oil prices and a slumping housing market, on Wednesday cut a key interest rate by a quarter-point, the second rate reduction this year.

"The central bank lowered the federal funds rate to 4.5 percent in an effort to stimulate economic activity and keep the country from dipping into a recession. The move will make it cheaper for consumers and businesses to borrow money."

Look for this to help out with mortgage rates! Keep your credit rating strong and you won't have any problems with loans in any case. I have a great list of excellent lenders. Email me or call for more information!

And as always, I would love to work with you or any of your friends and family who are thinking of moving!