Fed holds interest rates! What does that mean for San Francisco real estate?
On Wednesday, the Fed announced that it would hold the federal funds rate at 5 1/4 percent. Though they think inflation is elevated more than they would like, other economic indicators convinced them to do nothing for now. As a result, expect home loan rates to remain relatively stable. Read the press release here.- Mick Orton
posted by SFResidence.com @ 8:00 AM
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