Derry's Condo Headshot

Derry's Condo Headshot

Thursday, November 4, 2021

Fed is Easing Bond Buy Backs

In order to ease Pandemic Stimulus, the Fed is about to reduce Bond Buy Backs to reach their inflation target. They have indicated that they don't plan to ease interest rates yet because they are still concerned about the levels of unemployment. However, it appears that increasing interest rates is an upcoming goal contingent upon unemployment rates.

For real estate, this means that we are looking at a nice window for buyers and sellers to navigate a more even market for transactions until this time comes. For buyers, the interest rate on loans will continue to stay low and increase purchasing power. For sellers, sales prices can continue to increase or sustain the current rates as a result of the buyers' increased purchasing power. 

For more information, check out the news articles below:

Fed Easing Bond Buy Back

FOMC Taper

No comments:

Post a Comment