by admindan | Aug 27, 2024 | Loan Programs, Money Tip
Did you read the headlines? Good news, the Fed (Federal Reserve Bank) is talking about cutting interest rates, that is the Federal Funds Rate which banks use to borrow from the federal government. So, we expect to see the Fed Funds rate & mortgage rates drop .25%...
by admindan | Aug 17, 2021 | Financial Information, Money Tip
If you have not refinanced, I highly recommend beginning the process soon. Why? The Federal Reserve Bank will probably stop buying mortgage backed securities early next year. The announcement will likely occur next month. Traders on Wall Street will anticipate it....