Thursday, December 8, 2016

Interest Rates: What's the Fed to do?


Will the Fed raise interest rates at the December 14 meeting? All signs point to "yes." Most experts and Magic 8-Balls predict an increase on December 14, and two to three small hikes in 2017. While rate bumps generally stunt economic growth, slower increases could extend our current expansion period. Either way, now is the time to act on any mortgage decisions you may have in the near future. Rates are and should remain lower than average, so contact United Home Loans here to ensure you have the best loan program for your long-term financial goals.

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