The Federal Reserve Announcement explained why they left the federal funds rate the same. This is between 5.25 - 5.50%. Though inflation is now at a 3% rate and moving closer to the target of 2%, the Federal Reserve felt it was not time to lower the rate. This is how this new affects the housing market and what we can expect in the coming months.

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Denise Fuller, Denise@HomeEstateRealty.com (703) 881-6947

Raymond Rees Ray@HomeEstateRealty.com (703) 470-0680

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