JANET YELLEN HAD HER FIRST HEARING BEFORE CONGRESS YESTERDAY AND SHE REITERATED THE FEDS. POLICY ON CONTINUING TO TAPER ECONOMIC STIMULUS(QE3) AT A RATE OF ROUGHLY 10 BILLION PER MONTH AS LONG AS THE ECONOMIC LANDSCAPE DICTATES IT. SHE ALSO MENTIONED THAT THE JOBS MARKET IS FAR FROM RECOVERED AND THE FOCUS OF FURTHER ACTION BY THE FED. WOULD BE FOCUSED ON JOB GROWTH.
THE BOTTOM LINE IS INTEREST RATES ARE AT THE BEST LEVEL IN MONTHS! TAKE ADVANTAGE OF THESE SUPER LOW RATES TO EITHER STOP SPENDING MORE MONEY EVERY MONTH ON YOUR MORTGAGE PAYMENT THAN YOU HAVE TO OR TAKE SOME CASH OUT TO PAY FOR T HIGH INTEREST RATE CREDIT CARDS AND OTHER LOANS. BETTER YET MAKE IT TAX DEDUCTIBLE.
FOR MORE INFORMATION ON MORTGAGE PRODUCTS OR TO RECEIVE A FREE ANALYSIS OF YOUR PURCHASE OR REFINANCE NEEDS PLEASE FEEL FREE TO CONTACT ME AT 908-513-1202 OR EMAIL ME AT THEMONETTIGROUP@GMAIL.COM ALSO PLEASE VISIT ME AT MY WEBSITE WWW.THEMONETTIGROUP.COM
