Business Economists See Fed Rate Hike in 6 Months
March 8, 2010
Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.
A majority of economists in the National Association of Business Economists’ semiannual survey found the Fed’s current stance of rates near zero percent is appropriate. A growing number, however, believe the U.S. central bank’s policy’s are too stimulative, according to a poll of 203 members taken Feb. 4-22.
“A majority believes that a rise in interest rates is both likely and appropriate in the next several months,” said NABE President Lynn Reaser.
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About Max Leaman Austin Mortgage
Max Leaman, Branch Manager
PrimeLending Austin Mortgage
Since 2001, I have served the greater Austin, TX area, focused on providing the absolute best rates and lowest fees. More than that, I treat clients like family and consider you a client for life.
My priority is to provide the best rates and lowest fees. Period.
Step by step, I walk you through the entire mortgage process.
Your loan will close on time, as promised, with no surprises.
I make sure you understand exactly what we are doing and why.
I help you obtain homeowners insurance if you need it.
I attend your closing (not many lenders do), to answer any last-minute questions and ensure a 100% stress-free closing from start to finish.
What's more, I am available after your closing to be your go-to consultant for any mortgage question or concern. I am also available to recommend high-quality contractors and professional services for your new home, as well as referrals for financial services, law, medical and everything in-between.
Please let me know if we can assist you in any way. You can reach me quickly by office phone (512) 617-5636 or by mobile (512) 293-1239. You can also email MaxL@PrimeLending.com.
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