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Buying and Selling Homes

Fed Signals It Will Stop Buying Government Debt in October

14 years ago

Fed Signals It Will Stop Buying Government Debt in October

TAKE NOTE!!! This *OFFICIALLY* marks the immediate absolute "BOTTOM" on the downward rate trend since the late 1970's and the now lifetime lows on longterm fixed mortgage interest rates. If YOU haven't got yours taken care of... this is "Last Call."

Dave Donhoff

Leverage Planner

Here is a link that might be useful: Fed Signals It Will Stop Buying Government Debt in October

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Comments (4)

jane__ny
14 years ago
What about on adjustable? I'm in the process of trying to sell my home and have an adjustable home equity. I don't want to go to the expense of getting a fixed mortgage. The adjustable is at 3.4%, a bargain for the past year.

What about the adjustable rates?

Jane
dave_donhoff
Original Author
14 years ago
Hi Jane,
Adjustables dance to a slightly different market... and most likely they'll be low for a few more years (if not a Japanese-style zero-interest decade.)

Cheers,
Dave Donhoff
Leverage Planner
jane__ny
14 years ago
Thanks for getting back Dave. I'm breathing a sigh of relief!

Jane
dave_donhoff
Original Author
14 years ago
HAH.... thought you were cursing me.... had to go to Net Lingo to look up TTT meanings ;~)

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