Ideal Group of Companies, Inc. subsidiary Travel Zen, Inc. reports that it has sold out all of its units from the company s spring break inventory of fractional timeshare bookings for 2024.Travel.
Developer known for Natural Grocers buys McCall's Pancake House boisedev.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boisedev.com Daily Mail and Mail on Sunday newspapers.
322-unit Golden Triangle apartment complex sells for $145M businessden.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessden.com Daily Mail and Mail on Sunday newspapers.
ColoradoBiz Magazine
How will this impact real estate purchases and refinances?
April 6, 2021
Will mortgage rates rise substantially in 2021? Yes! Why are mortgage rates rising while the federal reserve pledges to keep rates low through 2023? How will this impact real estate purchases and refinances? How are mortgage rates “set”?
First, it is important to note that the federal reserve does not directly control mortgage rates. The fed controls the “federal funds rate.”
The federal funds rate is the rate at which banks and credit unions lend reserve balances to other banks and credit unions overnight. In a nutshell this is the rate banks get on the money they are holding in cash/reserves.