Fed's first rate cut in more than 10 years: What it could mean for your finances What does this mean for you? Check out the article here
Are Low Interest Rates Here to Stay? Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning … Continue reading Interest Rates are Low, for how long?
Mortgages fast approaching 5 percent, a fresh blow to housing market Mortgage rates hit their highest level in more than seven years this week at nearly 5%, a level that could deter many home buyers and represents another setback for the slumping housing market. The average rate for a 30-year fixed-rate mortgage rose to 4.9%—the … Continue reading Ready for the Rate Hikes?
Mortgage Interest Rates are Still Going Up… Should You Wait to Buy? Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by … Continue reading Interest Rates have been Historically low, still waiting to buy?
~ take a look at these ~ Current market rates The average 30-year fixed rate mortgage (FRM) rate for the week ending December 14, 2017 increased slightly to 3.84%. The 15-year FRM rate remained level at 3.15%. With the slow decline of the past year now reversing, rates will slowly rise going forward. The financial markets going into 2017 saw a … Continue reading Current market rates
The Federal Reserve is expected to announce a rate hike soon. USA TODAY financial reporter Paul Davidson tells us what it could mean for the economy. USA TODAY Rising interest rates should only modestly slow rebounding industries, such as housing.(Photo: AP) 827 CONNECTTWEET 85 LINKEDIN 24 COMMENTEMAILMORE The Federal Reserve's expected hike in its benchmark … Continue reading How Fed Rate hike could affect Housing, Autos
With Fed rate hike expected, 5 things to look for Wednesday With Fed expected to raise rates, here are 5 things to look for Wednesday By Martin Crutsinger, AP Economics Writer 7 hours ago In this Wednesday, Feb. 25, 2015, file photo, Federal Reserve Chair Janet Yellen removes her glasses as she testifies on Capitol … Continue reading With Fed rate hike expected, 5 things to look for Today