Fed Expected to Leave Rates Alone- Good for Pleasanton Home Buyers
March 19, 2007
Even in the Pleasanton Real Estate market, what the Fed does has an impact on home values here. When the Fed meets this week they will most likely leave rates where they are. If that happens, it will be the six-consecutive meeting in which the Fed left rates alone.
Many economists believe 2007 will be the first year since 1993 that the Fed will not make a rate change. This would be quite a change from years past where from June 2004 to June 2006 the Fed raised rates 17 times.
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