When the Federal Reserve raised its prime interest rate by .25 percent, the first increase since June 2006, businesses and investors throughout the world took notice. But what does this interest rate hike mean for developers who routinely rely on interest-based financing to complete construction projects?
In our new white paper, “What the Interest Rate Hike Means for Developers,” we’ll discuss the Federal Reserve and interest rates, reasons for the hike, what the hike means for consumers and commercial investors and much more.
Click here to download now. The interest rate increase is a huge factor for the construction and development industry alike. Don’t continue this year without noting the effects.