Is it Time to Refinance? By: Jim Pate Buying a home is the best investment you can do in your entire life. Not only because it gives you the pride of becoming a homeowner, but also because it also gives you the security that you have a place to stay at the end of the…
- Fed May Be Hiking in March, But Higher Rates Are Here Today January 15, 2022In the past 2 weeks, press coverage of the Federal Reserve's policy outlook has ramped up significantly. The Fed is now expected to start hiking rates in March and to hike more than previously expected in 2022. If you think that gives you time to get a mortgage before rates go up, think again.
- Highest Mortgage Rates in Nearly 2 Years January 7, 2022Seemingly overnight, the mortgage rate narrative has changed rather drastically, at least in relative terms. While rates had risen gradually from near-all-time lows in August, they were still in a historically low range by the end of December. 1 week later and we're at the highest levels in 2 years.
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