Realty Times - "What Will FED's Decision To Leave Rates Alone Do To Housing?" (12-18-06)

"The Federal Reserve held short-term interest rates for federal funds at 5.25 percent, based on a wide range of data that indicate that inflation is being held in check and the economy is on a moderate growth path despite the slowing caused by the softening housing market. However, a slowing economy doesn't necessarily result in lower mortgage interest rates, although it will probably result in rising housing inventories down the road."