Money Monday: Federal Reserve interest rate decision - WINK News

The Federal Open Markets Committee ended its two-day meeting last Wednesday to determine the nation’s interest rates.

Senior Vice President of UBS Bonita Springs, Stefan Contorno tells us what this decision means.

Local in your community

Rising insurance premiums, interest rates affecting Charlotte Co. residential real estate market

Although the Charlotte County residential real estate market has reached stabilization, future sales will be affected by rising insurance premiums, property taxes and interest rates. Danny Nix, who heads Realtors of Punta Gorda-Port Charlotte-North Port-DeSoto Inc., said it’s difficult to predict whether prices will continue to soften or rally. To read more at Gulfshore Business, […]

Southwest Florida Realtor: Rising interest rates shouldn’t deter home buyers

There continues to be a low supply of single-family homes for sale in Southwest Florida, but for another reason than a year ago.

interest rates

Interest rate reaches its highest level in 16 years

The Federal Reserve raised its key interest rate by a quarter-point to 5.25 percent.

Federal Reserve economists say mild recession likely

A mild recession is in the cards later this year.

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