Wednesday, December 14, 2016

Fed Rate Hike: What It Means for Mortgage Rates

The Federal Reserve hiked short-term interest rates by 0.25 percentage point today, in line with nearly universal expectations. It’s the first time the central bank has raised rates in almost a year. If you’re a current or would-be homeowner, you shouldn’t feel rushed into action. In fact, the biggest moves in mortgage rates have likely...


from NerdWallet
https://www.nerdwallet.com/blog/mortgages/the-fed-rate-hike-what-it-means-for-mortgage-rates/

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