Fed Funds Rate Increasing!

Back in January 2016, I posted about a change in interest rates that was coming which may affect our market. At the time, the Fed Funds rate was at 0.38% and I mentioned rates would be going up, but no one knew when. You’ll never guess what it is today!!! 1.16%!! This is a significant increase for only 1.5 years. We are on year 9 … Continue reading Fed Funds Rate Increasing!

KenzieRealtyJune 30, 20175 Comments

Decade in Review, Important Information, Interest Rates, Year in Review

Fed Funds Rate

The Fed Funds rate has been at 0% for some time. Since 2010, it has been at or near 0%. Historically, the rate has never been so low. Now that the market has recovered from the most recent recession which started October 2008, there has been talk of raising it. There is no telling when this will happen, but it has been discussed to raise … Continue reading Fed Funds Rate