Interest Rates in Kansas City Need to Go Up according to Kansas City President of the Federal Reserve Bank!

The Federal Reserve Bank of Kansas City President Thomas Hoenig will speak about the housing market today and how to get the housing market to recover. His message: interest rates need to go up.


To read more: http://blogs.wsj.com/economics/2010/11/05/feds-hoenig-on-qe2-low-rates-and-future-instability/

Not sure I agree with the President of the Kansas City Federal Reserve Bank. If I was a home buyer on the fence though, I would probably start the process of buying a home while interest rates are so low.


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Blog post written by the Dowell Taggart Team of RE/MAX Best Associates

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