Fed Rate Cuts Not Likely to Continue, Reports the Wall Street Journal

189893 Resource 178438 178982 178982 1195324644635 1195327386423 Controlled Home Loan Rates Below 6% Available in Flagstaff

As Bond Prices Drifted Upward This Week, Mortgage Rates Drifted Downward

As bond prices drifted upward this week amid concerns about inflation, mortgage rates drifted downward as they usually do in reaction to bond price increases. 30-year fixed rates ended the week below 6%. With the Federal Reserve signaling that it is not likely to cut its rate further at the next meeting, and other economic indicators signaling an economic slowdown, concern about inflation is likely to abate and, with that, rates are likely to stabilize. Now should be a good time to latch onto a mortgage rate and buy a home. Fixed rate home loans offer predictable payments over the long term of home ownership and protection from rising interest rates. There are a wide-range of fixed rate home loans available to both first time and experienced buyers. These options are great for this type of market where the starting rates are low and will stay that way for the full time of your home ownership, no matter what happens to the economy in the future. 9 application/xml false 30-year fixed interest rates Fed rates home loan rates mortgage rates Fed Rate Cuts Not Likely to Continue, Reports the Wall Street Journal Fed's Stance Suffices According to Another Federal Reserve Governor's Speech This Week http://online.wsj.com/article/SB119522097003695721.html?mod=fox_australian Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.1.4322; .NET CLR 2.0.50727) 127.0.0.1 127.0.0.1 aheitland 24.121.32.9 false true false false true 178975 false false true false false false true 178438 blog blogsite/BestFlagstaffHomes/web