Title: Explain the effect the Federal Reserve has on interest rates and how that affects real estate.
Course: Real Estate (12154) > Section: Exploring Real Estate Financing

Explanation should include

- describing the Federal Reserve and its purpose
- explaining how evolving Federal Reserve policies affect real estate
- determining Federal Reserve requirements of local banks.

DPOR correlations: 18VAC135-20-400. 1 (Economy and social impact of real estate); 18VAC135-20-400. 14 (Real estate financing)

Process/Skill Questions:

- What is the role of the Federal Reserve?
- In what ways does the Federal Reserve exert influence of the real estate market?
- What is the purpose of Federal Reserve requirements?