Have you been waiting for the right time to add that in-law apartment above your garage, completely remodel your restaurant, or build the new home of your dreams? Well, now’s your chance! Take advantage of the continued low interest rates while they last!
Interest Rates Will Stay Low for a Little Longer
This week, Federal Reserve Chairman Jerome Powell confirmed his position on interest rates, a position that has remained the same for months now.
Back in January, according to a CNBC report, Powell had this to say: “When the time comes to raise interest rates, we’ll certainly do that, and that time, by the way, is no time soon.”
Then, a little over a month later, on Wednesday, February 25, “Powell told the House Financial Services Committee that the Fed is in no hurry to raise its benchmark short-term interest rates,” according to a news report published by the AP.
In other words, you can expect federal interest rates to remain low for at least the next few months, if not the rest of the year. That means the time is now to get a loan for your dream project!
Start Planning Today!
As an experienced general contractor since 1983, John Falvella Construction Services is standing by to help you design and execute your project. Whether it’s brand-new construction from scratch or a major overhaul of an existing property, we want to help you make your dreams a reality.
Demand for our services will be high as a result of these low interest rates, but unlike other local contractors, we have the manpower to keep our projects on track and to never let the quality of our work slip.
So, what are you waiting for? Don’t miss this rare opportunity! Call now to find out how you can get started ASAP.