--- title: Higher Interest Rates may be here soon for Cape Cod Homes description: Fed may increase interest rates soon for Cape Cod homes image: https://info.capecodbuilder.com/hs-fs/file-2636474911-jpg/images/janet_yellen_fed_chair-resized-600.jpg --- [![REEF Cape Cod Builders](https://capecodbuilder.com/wp-content/uploads/2022/02/reef-logo-2022.gif "REEF Cape Cod Builders") ](https://capecodbuilder.com/) - [Real Estate](https://capecodbuilder.com/cape-cod-land-search/) - [Contact](https://capecodbuilder.com/contact/) - [(508) 394-3090](tel:15083943090) Menu # Welcome to the Cape Cod Builder blog # Higher Interest Rates may be here soon for Cape Cod Homes Posted by [REEF Cape Cod's Home Builder](https://info.capecodbuilder.com/author/reef-cape-cods-home-builder) on Thu, Mar 19, 2015 ![REEF Cape Cod's Home Builder](https://info.capecodbuilder.com/hubfs/REEFLogo2013_vertical_med.png) - [Tweet](https://twitter.com/share) Real estate on Cape Cod and throughout the United States benefits from low interest rates. Many Buyers have been able to secure their first home, vacation home near the beach, or retirement home here on sunny Cape Cod with the help of historically low interest rates. There is change in the wind: The Federal Reserve on Wednesday moved to the verge of raising interest rates for the first time since the economy fell into recession more than seven years ago. The Fed says any move is not imminent, but it’s wise to stay abreast of any pending changes. Here’s the New York Times article about the Fed meeting on Wednesday: [NY Times reports that Fed may increase interest rates soon](http://www.nytimes.com/2015/03/19/business/economy/fed-interest-rates-fomc-meeting.html?emc=edit_na_20150318&nlid=67655243&_r=0) ![Janet Yellen Fed Chair resized 600](https://info.capecodbuilder.com/hs-fs/file-2636474911-jpg/images/janet_yellen_fed_chair-resized-600.jpg?width=345&height=194&name=janet_yellen_fed_chair-resized-600.jpg) [NY Times reports that Fed may increase interest rates soon](http://www.nytimes.com/2015/03/19/business/economy/fed-interest-rates-fomc-meeting.html?emc=edit_na_20150318&nlid=67655243&_r=0) Tags: [cape cod waterfront homes](https://info.capecodbuilder.com/topic/cape-cod-waterfront-homes), [renovation cape cod](https://info.capecodbuilder.com/topic/renovation-cape-cod), [construction costs on cape cod](https://info.capecodbuilder.com/topic/construction-costs-on-cape-cod), [coastal building](https://info.capecodbuilder.com/topic/coastal-building), [cape cod custom builder](https://info.capecodbuilder.com/topic/cape-cod-custom-builder), [cape cod custom homes](https://info.capecodbuilder.com/topic/cape-cod-custom-homes), [new home on cape cod](https://info.capecodbuilder.com/topic/new-home-on-cape-cod), [Construction Costs](https://info.capecodbuilder.com/topic/construction-costs), [Real Estate Investment](https://info.capecodbuilder.com/topic/real-estate-investment), [cape cod home|cape cod real estate|cape cod home b](https://info.capecodbuilder.com/topic/cape-cod-homecape-cod-real-estatecape-cod-home-b) ### Subscribe to Email Updates Search Blog Search Google [Cape Cod Building CostsHow much does it cost per square foot to build on Cape Cod? 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