Federal Reserve Stays the Course
While housing is slowly recovering, the Fed recognizes this is a fragile economy, and has wisely chosen not to start jacking interest rates up. These sorts of things can be just symbolic, because the price of bonds is what usually drives mortgage rates, and they will still bounce up and down based on lots of factors. Still, a ‘steady as she goes’ strategy seems to perfect for these times.
The weather has taken a definite turn to the mild side this week, after subzero temps last week it feels good to be in the 50’s again. We’ll see how Christmas week goes, but right now it looks like snow will not be in the picture, a welcome event for our driving guests. It has been nice to be able get out and walk again!
Got questions about living in Colorado Springs? Call me at 719-590-4768 or 888-568-6784! www.facebook.com/rickvanwieren for more photos, www.twitter.com/rvanwieren for more frequent updates!