Mortgage Rates Are Up From Last Week & More About The Federal Reserve

                

Even though the Federal Reserve stated that they were not going to change the interest rate, they announced that starting in October the plan is to reduce the amount of mortgage backed securities that they now own. This is uncharacteristic of them to make such an announcement. Experts are predicting we will start to see the overall interest rates increase over the next 12 months and beyond. Simply put, if you are a buyer or seller now is the time to act to take advantage of th...
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Nichole Guenthner
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