Thursday, May 06, 2004

Feds leave interest rates unchanged ... for now

In their meeting on Tuesday, the Federal Reserve Bank left interest rates unchanged. There is every indication, however, that interest rates will begin to rise.

Many home buyers are worried that interest rates will rise, leaving them unable to afford to buy real estate. Even a small increase in interest rates can affect the real estate market.

For a compete view of the press release, go here.

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