A highly scrutinized two-day meeting of the Federal Reserve that concluded Wednesday resulted in no new interest rate hikes, though the central bank appears poised to move forward with an increase in the next few months following persistent inflation and an accelerating economic recovery.
“With inflation well above 2% and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate,” the Fed wrote in a statement following the meeting’s conclusion on Wednesday, Jan. 26.
As stalled negotiations over the sweeping federal Build Back Better bill appear to be regaining some momentum, one change championed by the real estate industry might be off the table this time around as Democrats navigate a narrow path to pushing a revised piece of legislation through congress.
With an ever-growing number of competitors in the real estate industry, it’s not enough to simply have a valuable service and hope your cookie-cutter marketing will be enough to win customer conversions. Your potential clients are flooded with marketing campaigns left and right, whether by email, PPC ads or simply in their Google search results.
The U.S. Department of Housing and Urban Development (HUD) on awarded $51.4 million in housing counseling grants to 177 HUD-approved housing counseling agencies and intermediary organizations this week, the organization reported.