Federal Reserve Chairman Jerome Powell announced at a press conference in April: It’s “a great time to be patient”. This statement followed the Federal Reserve vote to hold interest rates steady.
This news is good for home buyers as they will be under less pressure to buy quick before interest rates jump up.
Read the article written by Donna Borak for CNN.com. Fed Signals no rate changes are coming in 2019:
https://www.cnn.com/2019/03/20/business/federal-reserve-march-rate-meeting/index.html
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