Home buyers! The Federal Reserve does not appear to lower rates for the next 24 months

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Henrique A. Faria

Last update:  2020-09-21

Home buyers! The Federal Reserve does not appear to lower rates for the next 24 months

WASHINGTON - The Federal Reserve reported on Wednesday, September 16, that it will probably keep its key interest rate near zero until the economy reaches full employment and inflation "moderately" exceeds its 2% target for "some time," according to USA Today.

The Fed's statement is consistent with their new policy framework presented last month, they seek to support the economy and recover the jobs lost in the times of COVID-19. They also seek to control inflation a little above 2% to help gain jobs.

The Fed plans to keep its short-term benchmark rate near zero until "labor market conditions have reached levels consistent with the maximum employment committee assessments and inflation has risen to 2% and is on track to moderately exceed 2% for some time. " this was announced by the federal reserve after two days of meetings.

This helps home buyers by lowering the amount of money they have to pay on their mortgages. Right now, with rents going up, at least in Florida, due to migration from other states and other countries, it's definitely a great idea to buy in Florida, both for living and for investment. '

Any questions contact me and we will gladly analyze your options.

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Henrique A. Faria. Realtor
Avanti way Realty
(954) 5042895
hfaria35@gmail.com

Henrique A. Faria

Henrique A. Faria

About Me

Hi there! I’m Henrique Faría, and I’m here to make your move to Broward or Miami-Dade as smooth and enjoyable as possible. Whether you’re coming in from New York, California, another country, or just relocating within the area—maybe upsizing or downsizing—I’ve got you covered.

I specialize in the beautiful communities of Pembroke Pines, Southwest Ranches, Weston, and, of course, Hollywood. I know these areas inside and out and can help you find the perfect home to fit your lifestyle—whether you’re looking for a cozy place with no HOA, a family-friendly neighborhood with great schools, or just a fantastic local vibe.

I’m proud to say that I speak both English and Spanish, so we can chat in whichever language you’re more comfortable with. Working with me means you’ll get personalized, friendly service from someone who truly cares about making your transition easy.

And remember, I’m not just here for newcomers—if you’re already living in Broward or Miami-Dade and looking to move to a bigger or smaller home, I can help with that too.

When I’m not helping clients, you’ll find me enjoying all the local gems our vibrant communities have to offer. So whether you’re moving from far away or just making a local change, let’s make it a great experience together. I’m just a call or message away!

CONTACT ME

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