Friday Mortgage Brief - Friday, January 27, 2012
The Friday Brief
Outlook for Interest Rates-Clipped from the Wall Street Journal
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News Alert
from The Wall Street Journal
Federal Reserve officials Wednesday said they expect short-term interest rates to stay close to zero "at least through late 2014," longer than previously indicated, a move that could aid the U.S. economy's path to recovery.
Ahead of the rollout of their new communication strategy, officials projected that rates could stay at a record low for three more years as unemployment comes down slowly and inflation moderates.
http://online.wsj.com/article/SB1000142405297020380650457718294162192678
0.html?mod=djemalertNEWS
From Bruce
Nothing contributes so much to tranquilize the mind as a steady purpose-a point on which the soul may fix its intellectual eye. -Mary Shelley
Have a great weekend,
Bruce
Bruce Rosenberger
Chairman's Team
SunTrust Top Producer Network-Top 30 Loan Officer's Nationwide SunTrust Mortgage, Inc Cell 703.850.1349
Buying or Selling a Home in Northern Virginia? Contact Kim Darwaza of RE/MAX Allegiance for
all of your Real Estate needs at 703-856-2254 or kim@kimdarwaza.com. To search the MLS please visit http://www.kimdarwaza.com.