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Outer Banks Real Estate Blog-FED Gearing Up To Raise Rates: What Impact Will It Have On You?

If you have been following the financial news lately you may have started to hear talk about when the FED is going to raise interest rates . It should be no surprise that sooner or later the FED will have to raise rates since they have been at all time

Outer Banks Real Estate Blog- The State of the world today is a reflection of the past

What a mess the world seems to be in these days!! You almost feel like staying inside and never turning on the TV. Banks are failing, the stock market is crashing, and our esteemed leaders in Government do not have a clue as to how to help the American

Outer Banks Real Estate- The Fed Cuts The Prime Rate Again

As it was widely expected yesterday the Federal Reserve cut the prime rate again by .25%. By cutting interest rates the Fed is trying to create a soft landing for the housing market and ease the credit crunch. It will be sometime before we know if this