Triangle Business Today

Lots of real estate data due

Posted September 22, 2010 7:52 p.m. EDT

As expected this week, the Federal Reserve held steady on Interest Rates – indicating in its language from the meeting that it intended to keep interest rates low for an extended period of time – an announcement that was good news for Treasuries – and put further downward pressure on mortgage interest rates. Great new for eligible consumers in today’s housing market.

About this Blog:

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.