Recent Interest Rate Changes: Explained
Recent Interest Rate Changes: Explained
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We didn't think it was going to happen, but it did: the Federal Reserve recently raised interest rates by another 75 basis points. If you're a buyer who is waiting for rates to come down, you're probably frustrated by this news. However, did you know that mortgage rates and the Fed rate aren't directly correlated? Since that's the case, how do mortgage rates change, and where are they heading? To find out, check out my latest video.
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Abel Tejeda
The Mortgage Guy
619-948-2996 | abel@abeltejeda.com | www.abeltejeda.com
1419 University Ave, Suite C
San Diego, CA 92103