elliottonrealestate.com » key interest rate http://elliottonrealestate.com Insights on Atlanta Area Real Estate Tue, 13 Jul 2010 13:30:12 +0000 http://wordpress.org/?v=2.8 en hourly 1 Federal Reserve Keeping Key Interest Rates Low http://elliottonrealestate.com/fed-rate-low-110609/ http://elliottonrealestate.com/fed-rate-low-110609/#comments Fri, 06 Nov 2009 21:00:31 +0000 Elliott Robinson http://elliottonrealestate.com/?p=488 The Federal Reserve announced Wednesday that it is keeping its key interest rate at or near zero and will continue to do so as long as the economy remains weak.

Analysts predicted that the Fed would leave interest rates low for at least six more months.

The Fed said that it would continue its program to buy $1.25 trillion worth of mortgage-backed securities by the end of March, a sign that it intends to continue to drive down the cost of mortgage loans.

Source: The New York Times (11/5/2009)

——————–
Elliott Robinson, JD – Associate Broker
Keller Williams Realty Metro Atlanta
315 West Ponce de Leon Ave., Ste. 100
Decatur, GA 30030
(404) 431-2117
Web: www.elliottyouragent.com
Blog – www.elliottonrealestate.com
Twitter – http://twitter.com/elliottrob

]]> http://elliottonrealestate.com/fed-rate-low-110609/feed/ 0