Interest Rate Update: Translating What The Fed Said

Earlier this month, we learned that the Fed had cut its federal funds rate once again to 4.5%.  What followed in the news was a flood of technical financial jargon, which just confuses many people rather than helping them understand how the change affects them. 

Luckily for those who did not major in finance, BankRate.com has put together a handy “What The Fed Said” translator of last week’s news release!  Check it out here and remember that an experienced Realtor can always refer you to a reputable lender, who can help you decide the best way to finance your home purchase. 

To learn more about Bradley Beach NJ real estate, please call me at 732-775-2774 or visit PatrickParkerHomes.com.  To begin searching for Bradley Beach NJ homes please use my complimentary MLS search.

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About Patrick Parker Realty

Patrick Parker Realty, an independent boutique brokerage located in the heart of Bradley Beach is your local market leader. We understand the demands of a changing real estate market and avail ourselves of the latest industry information and tools to ensure excellent results. Our Commitment to You Our seasoned Real Estate Agents are committed to providing all of our clients, from first time sellers to veteran real estate investors, quality and friendly service. We walk you through every step of the sale process offering the guidance, feedback, and expertise needed to ensure your complete satisfaction.
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