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November 15, 2022 Over the past ten days we have realized a 1.0 – 1.5% decrease in mortgage interest rates on mortgages. Inflation numbers and the producer (PPI) and consumer level remain relatively high but the October numbers released
With the Fed increasing rates by another .75% mortgage lenders are seeing more interest in consumers wanting to tap into their increased equity of their home loan. Why? Fixed rate mortgage rates have increased due to the market movement
The Federal Reserve has raised its interest rates a further .75%. Thus, increasing the total for the year to 3.25% worth of rate hikes. This time around, Jerome Powell was very transparent about what was to come to reach the
