Will The Federal Reserve Hike Cause Mortgage and Other Financing Rates to Rise?

Written by Michael A. Foote, CMB on . Posted in Uncategorized

The short answer is yes, eventually. But this hike was SO telegraphed, we think rates will rise very nominally if at all from this hike. Of course some will seek to hike rates and take advantage of the media attention. As always trust your financial provider and do your research.

Here is a video on CNBC about the Fed Rate Hike yesterday and its impact on mortgage rates.

Will The Fed’s Interest Rate Hike Cause Rates to Rise