Interest Rates - Spring 2015

Speculation regarding when, or if, interest rates will rise has dominated financial markets for much of the past four years. To date, there has been no change from the Federal Reserve, though bankers from a key Fed committee have vacillated regarding a forthcoming rate hike later in 2015 if the economy continues to generate gains in job growth and consumer sales remain healthy. While no definitive decision has been made, Harshman & Co. believes that a slight increase will likely be absorbed smoothly and with little disruption to the region’s real estate market.