Federal Open Market Committee Met and Voted

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Last week, the Federal Open Market Committee met and voted to raise the benchmark interest rate. The move was widely expected, and mortgage rates ticked slightly upward following the announcement. The small business optimism index was unchanged and retail sales declined. New purchase applications dropped, but refinances increased. Jobless claims stayed low. The home builders’ housing market index dropped, but remains positive. Housing starts and building permits both declined.

MORTGAGE RATES CURRENTLY TRENDING

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Did you know?

We Can Save You Time and Money!

Pinehurst NC Real Estate offers some of the best golf values in the U.S. Where else can you be a member at 9 championship golf courses, including the 2014 Men’s and Women’s U.S. Open course, for less than $500/month. Taxes on a $500,000 are about $4,000/year. We save enough on taxes to more than pay for my golf membership plus carts.

All Pinehurst real estate, Southern Pines real estate and Fort Bragg real estate listings in Moore County are updated on this site twice per day and there is no registration. If you have questions or for an area tour please call (910) 528-4652 or email me at gopinehurst@gmail.com. We’re here to save you time and money on Pinehurst Real Estate and Southern Pines Real Estate.

Contact Dale Heck today!

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