The Federal Reserve Board seems to have confidence in the US economy continuing to improve. Because of this, they voted to leave the Fed Funds Rate unchanged for the 16th time in a row.
In their press release, the Fed said that since it's meeting in November 2011, the U.S economy has been "expanding moderately" despite all the European issues of the past few weeks. So, for the time being, interest rates continue to hang around all time lows. It is still a great time to buy or refinance your house to capture these low rates!
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