What A Bump In Interest Rates Will Mean To You

Dated: 09/22/2015

Views: 583

Relax. You won't need to run out and buy a home today for fear of getting a bump in your interest rate. However, there have been signals sent by the Federal Reserve that they will soon begin gently raising the rates. Part of the reason we didn't get a bump at the last meeting is the overseas economic instability and with our continued volatility in the stock market, Feds will likely not want to further destabilize the market, right at this time.

However, our domestic economy has gained in health.  What this means to you, is that you while the first fed rate hike will likely be mild, there will be further increases in the next 1-2 years. 

Latest Blog Posts

Home Value Appreciation Stops Falling Begins To Stabilize

Home Value Appreciation Stops Falling, Begins to StabilizeThe percentage of home price appreciation on a year-over-year basis has decreased each month for over a year. The question was how far

Read More

Thinking Of Selling Your House This Is The Perfect Time

Thinking of Selling Your House? This is a Perfect Time!It is common knowledge that a great number of homes sell during the spring buying season. For that reason, many homeowners hold off 

Read More

Do You Know How Much Your Home Has Increased In Value

Do You Know How Much Your Home Has Increased in Value?Last year we saw headlines about a possible housing market bubble, and many wondered if Americans still felt confident about the value of their

Read More

3 Things You Need In A Shifting Real Estate Market

3 Things You Need in a Shifting Real Estate MarketWhether you are thinking of selling your house or buying a home, today’s real estate headlines can be confusing – perhaps even concerning. What

Read More