Should You Refinance Your Home When Interest Rates Drop?
The chairman of the U.S. Federal Reserve, Jerome Powell, recently announced that the central bank would be lowering interest rates by one-quarter of a percentage point. The move comes amid
The chairman of the U.S. Federal Reserve, Jerome Powell, recently announced that the central bank would be lowering interest rates by one-quarter of a percentage point. The move comes amid
The end of May signaled the 15th week that interest rates have risen since the year began. Only 21 weeks into 2018, that’s a 71%increase. This marks the highest rate
Buying a home is a complicated process, and there are many things you have to think about even before you begin visiting open houses and applying for pre-approved loans.
While the United States Federal Reserve doesn’t directly set mortgage interest rates, the actions the Reserve makes can have an indirect effect on mortgages rates and the overall housing market.
When preparing to buy a home, it’s always a good idea for prospective buyers to research interest rate trends and projections; after all, even a seemingly slight fluctuation in interest
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