Jim Cramer's response to this afternoon's announcement by The Fed that the key federal funds rate will remain unchanged in a range between 0% and 0.25%. The Fed also promised to keep that figure low for the foreseeable future. Cramer has been calling for 4% mortgages and refinancing for all homeowners and buyers, and he thinks today’s announcement allows for that. Go to the CNBC website and read the whole story.I believe that these low mortgage rates, fair inventory on the Outer Cape, reduced economic uncertainty, and Spring, make this a great time to buy real estate.
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