Comments on: Local, Statewide Housing Markets Experience Upswing http://www.northescambia.com/2013/06/local-statewide-housing-markets-experience-upswing Local News for Molino, Bratt, McDavid, Century, Walnut Hill, Cantonment Mon, 20 Apr 2026 13:31:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: David Huie Green http://www.northescambia.com/2013/06/local-statewide-housing-markets-experience-upswing/comment-page-1#comment-212679 David Huie Green Sun, 23 Jun 2013 01:16:47 +0000 http://www.northescambia.com/?p=142980#comment-212679 REGARDING: "of note: just heard this morning that the stock market took a drastic plunge yesterday, because of ben vernanky (sp?) raising the mortgage interest rate-" Ben Shalom Bernanke, chairman of the Federal Reserve, an instrument of Congress. (peace is his middle name) and then up 21.08 yesterday, a rise of 0.28% to 14,799.40 after dropping a whopping TWO PERCENT the day before. The sky's falling! As I understand it, what he actually said was that “the Fed may begin to end it's stimulative bond-purchase program by the end of this year and ease up its low interest rates sooner than previously thought." Not quite the same thing as saying he was going to raise interest rates, just saying someday soon he might consider doing it. David for calm people bravely facing a two percent change from day to day REGARDING:
“of note: just heard this morning that the stock market took a drastic plunge yesterday, because of ben vernanky (sp?) raising the mortgage interest rate-”

Ben Shalom Bernanke, chairman of the Federal Reserve, an instrument of Congress. (peace is his middle name)

and then up 21.08 yesterday, a rise of 0.28% to 14,799.40 after dropping a whopping TWO PERCENT the day before. The sky’s falling!

As I understand it, what he actually said was that “the Fed may begin to end it’s stimulative bond-purchase program by the end of this year and ease up its low interest rates sooner than previously thought.”

Not quite the same thing as saying he was going to raise interest rates, just saying someday soon he might consider doing it.

David for calm people
bravely facing a two percent change
from day to day

]]> By: jcellops http://www.northescambia.com/2013/06/local-statewide-housing-markets-experience-upswing/comment-page-1#comment-212396 jcellops Fri, 21 Jun 2013 15:33:21 +0000 http://www.northescambia.com/?p=142980#comment-212396 of note: just heard this morning that the stock market took a drastic plunge yesterday, because of ben vernanky (sp?) raising the mortgage interest rate- the experts said, "hurry and lock in at a low interest rate ASAP", as the rate is going up - that is a definate...would be nice to do a follow-up on this story in about a year.... of note: just heard this morning that the stock market took a drastic plunge yesterday, because of ben vernanky (sp?) raising the mortgage interest rate- the experts said, “hurry and lock in at a low interest rate ASAP”, as the rate is going up – that is a definate…would be nice to do a follow-up on this story in about a year….

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