Friday, June 14, 2013
Interest Rates Rise....Still Great Rates...But Higher Rates coming?
You won't have to do anything but scan this Mortgage Matters
to catch the drift that interest rates are up and the pressure to rise is there.
As referenced in the article, home buyers looking for rate to go down are living in a 'dream world'. The Fed has indicated that the Fed will buy fewer Mortgage Backed Securities. As a result the
market is responding.
If you are planning to buy a larger home, downsize or relocate, now is the time before interest rates go higher.