Fed Funds Rate Remains at 0-0.25% By Gary Simmens KW

Dated: 09/16/2020

Views: 19

 

Fed Funds Rate Remains at 0-0.25% Fabuous time to invest in real estate

or refinance your existing property. With Covid 19 hitting us hard in 2020 many

homeowners realize that their existing living quarters is not big enough or perhaps

not the correct location and/or has the amenities desired to make their family happy.

These all time low interest rates make the move easier with low more affordable payments.

Fed Chairman Powell mentioned that inflation is running below it`s 2% anticipated objective range, and

will aim to achieve it above 2% for some time.

Over half of the 22 million jobs lost earlier this year to Covid 19 setback have returned.

See what`s hot on the real estate market right now near the South Jersey shore

at:  www.GarySimmens.com

Have a fabulous September!  Gary Simmens

Blog author image

Gary Simmens

Licensed since 18 years young, and a broker honors in NJ since his early 20`s, Gary has now, over 44 years experience, diversified in all aspects in real estate, including owning two offices and ma....

Latest Blog Posts

Fed Funds Rate Remains at 0-0.25% By Gary Simmens KW

 Fed Funds Rate Remains at 0-0.25% Fabuous time to invest in real estateor refinance your existing property. With Covid 19 hitting us hard in 2020 manyhomeowners realize that their existing

Read More

Low interest rate update--from Gary Simmens

RATES DOWN EVEN LOWER!08/27/20(most recent)AverageRatePoints& FeesMargin 30-Year Fixed Rate2.91%0.8N/A 15-Year Fixed Rate2.47%0.7N/A 5/1-Year ARM2.91%0.22.7508/20/20(previous week

Read More

Check out these all time low interest rates!

Weekly Mortgage Market ReportAugust 13, 2020FABULOUS LOW INTEREST RATES! Call Gary Simmens KW Direct at 609-338-1339 to get your home soon08/13/20(most recent)AverageRatePoints& FeesMargin

Read More

We are breaking records at our KW---Despite Covid 19 Setbacks!

We are breaking records in our hard working KW office with 153 settlements done and closed for July 2020,---Despite Covid 19 setbacks, our Atlantic Shore Office usually sees a drop off in July

Read More