Fed Uncertainty Doesn't Matter

Rumors have been flying fast-and-furious the last few months about when the Fed is finally going to raise interest rates. With the recent turmoil in global stock markets and China in particular, the future of Fed decisions is even more uncertain. But according to a Reuters poll, it probably doesn’t matter. The housing market is doing so well, that a Fed rate hike is unlikely to dampen enthusiasm. The consensus is that home prices will rise 5% this year, and that should be sufficient to keep the market buoyant. 

Leave a Reply

Your email address will not be published. Required fields are marked *