Archives: December 2017

BREAKING: Fed Plans Another Rate Hike, 30-Year Mortgage Rate Predicted at 4.15%

federal funding changes

As one of the last actions of the outgoing Fed Chairman, Janet Yellen announced another .25 percent increase in the Fed Fund rate. This continues to signal a strengthening economy, with future rate increases likely as the economy remains strong. What does that mean for home buyers? A .25 percent increase in the 30-year mortgage rate means a […]