Increasing Interest Rates

    The Federal Reserve is widely expected to begin increasing interest rates soon, which means the window for record low mortgage rates is closing.

    While rates are expected to go up gradually, higher rates push up borrowing costs and monthly mortgage payments.

    “You are likely to get the best rate you will possibly see, perhaps in your lifetimes through the majority of next year, but certainly, the earlier

    the better” said Smoke.

    Courtesy of:

    CNN Money

    Trackback from your site.

    Leave a Reply

    Reviews on Zillow

    4207853

    “I have worked with several realtors in my life; all of whom have been very good. But, this is the first time I’ve received such a level of service … more
    5.0/5.0
    by zuser20180320113001915

    3768616

    “We could not recommend Chad highly enough. He has an extremely thorough knowledge of the Bryan/College Station market and was a tough negotiator on … more
    5.0/5.0
    by user67984911

    3565523

    “I had to sell in order to buy, which can be stressful. Lynn made it look easy. She guided me in a very professional way trough at times confusing … more
    5.0/5.0
    by LuzRomero