Federal Reserve Annoucement

<br />

I’ve got some exciting news to share… The Federal Reserve announced yesterday that it will pump $1 trillion into the U.S. economy to try to pull it out of deep recession, in part by buying long-term government debt for the first time in more than 40 years.

This is POSITIVE NEWS for it will help reduce interest rates.  Currently, the traditional Agency conforming 30-year fixed (< or = $417K) is available for 4.50% and the Agency high balance conforming is at 4.75%.

It is time to step-up to the plate and refinance or purchase!  Let me know if I can help.

My best,
Pete

Peter James Guichard, MBA
The Guichard Report
Bridgeline Capital Group
330 Townsend Street, Suite 114
San Francisco, CA 94109
Office: (415) 512-7536

Speak Your Mind

*