In a move that surprised the financial markets, the Federal Reserve has said it is not yet ready to wind down its massive monetary stimulus, and that is believed to be positive news for Vero Beach mortgage rates.
The surprise announcement from the Fed means it might not begin to wind down its bond buying until after Ben Bernanke's term as Fed chairman expires next January.
As always, we will keep you informed on any news coming from the Federal Reserve as it may or may not affect Vero Beach mortgage rates, as well as the Vero Beach housing recovery.
For more news and articles pertaining to Vero Beach real estate news, click on the Vero Beach Real Estate News link to your right under the Vero Beach Real Estate Categories listings.
