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Home buyers getting off the fence. Low interest rates entice some to jump in
(SeattlePI) -- Floyd Cleofe thought about buying a home in 1996, just after starting work as an engineer at The Boeing Co. "For personal reasons, I chose not to do so at the time," he said last week. "I kicked myself for not getting in the market back then." In the fall, as Seattle home prices and mortgage interest rates dropped, Cleofe decided it was time to start looking seriously for a home. "I just came to the realization that the time is now," he said. "There are so many things that are to my advantage."....................
FOMC cuts rates to record low range of 0 to 0.25% WASHINGTON (MarketWatch) -- The Federal Reserve pulled out all the stops in its campaign to save the U.S. economy Tuesday, slashing interest rates to just about zero and promising to try an array of new economic measures to stimulate spending...................
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