"Ron has amazing insight into the financial and real estate markets."
doug waldman
Home loan rates might be a little better today than yesterday, influenced by a variety of factors, including decisions made by a group called the Federal Reserve, or the 'Fed'.
Key points:
- The Fed's expected actions play a significant role in the fluctuation of home loan rates.
- If you're finalizing your loan in less than 15 days, it's suggested to lock in your rate.
- If your loan is finalizing in 15 to 30 days, consider locking your rate, but floating is an option.
- If your loan isn't due for 30+ days, float cautiously or consider locking your rate.
For more details on this topic and what influences these suggestions, be sure to read the full report.
Key points:
- The Fed's expected actions play a significant role in the fluctuation of home loan rates.
- If you're finalizing your loan in less than 15 days, it's suggested to lock in your rate.
- If your loan is finalizing in 15 to 30 days, consider locking your rate, but floating is an option.
- If your loan isn't due for 30+ days, float cautiously or consider locking your rate.
For more details on this topic and what influences these suggestions, be sure to read the full report.