How Will the Fed’s Latest Decision Affect Buyers and Sellers?
Channel: Jan Leasure
Date: 2017-10-19

At the latest Federal Reserve meeting on September 20th, Fed Chair Janet Yellen announced that the Fed would start to cut back its balance sheet. This decision will have a big impact on buyers and sellers in our market moving forward. According to experts, it will put upward pressure on consumer borrowing costs such as mortgage rates. This, in turn, will make it more expensive for buyers to buy because they’ll have to pay more in interest. To learn how else this decision affects buyers and sellers, watch my latest video. 
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Jan Leasure
Division President
Diamond Residential Mortgage
NMLS #213431
533 N. Milwaukee Avenue
Libertyville, IL 60048
Phone (847) 362-1335
jan.leasure@thedrmc.com