Fed starting to think about when it may raise interest rate.

Likely no rate increase before June, maybe not even then.  This is something to watch if you’re thinking about borrowing money for a home purchase.  You may be able to get more for your money now compared to the summer or fall.  Hopefully they will hold off until after the summer, but you never know.  Contact me if you’d like to know how much an interest increase will affect your purchasing power.

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