The Federal Reserve concluded its January meeting this past Wednesday. They kept short-term rates where they are right now, but that much was expected. The difference is in the details.

When it comes to those details, not much has changed except that there’s an acknowledgment that COVID-19 has seen a bit of a resurgence since the last time the Federal Open Market Committee met in December. The Fed has chosen to maintain its current policy of making money easier to access.

If you’re in the market for mortgage, the upshot here is that if you’re in the market for a refinance or a new home, you should consider applying now while rates remain low.

Here is a great analysis in Mortgage Reports suggesting that rates cannot go much lower than they are now:

I host two FREE Real Estate Zoom calls every week:

Real Estate Flipping / Investing Focused:
Tuesday 3PM Pacific Time
Topic: So Cal Real Estate Investing Meetup
This group is for Landlords, Fix and Flip, Traditional and Non-traditional Real Estate Investing, as well as all Real Estate Service Providers (Agents, Title, Contractors, and more.),

Probate Focused:
Thursday 4PM Pacific Time
Topic: How to Get a Sale NOW in Probate Real Estate

There are lots of programs that promise to help you sell a LOT of homes, but how do you get your 1st sale? As the baby boomer ages, the number of homes being passed on to heirs continues to increase. I’ll share with you 11 different ways that I have generated a listing or buyer sale that do not cost you any money.


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