"Ron has amazing insight into the financial and real estate markets."
doug waldman
Hello! Here's a quick snapshot of what's happening with home loans, or 'mortgages'.
- Mortgage rates are expected to rise due to strong economic growth and increased consumer confidence.
- The Federal Reserve, our nation's bank, plans to increase interest rates to manage inflation.
- If you're planning to get a home loan soon, it might be a good idea to lock in your rate now, as they're expected to keep rising.
For a more detailed explanation, check out the full report. It breaks down these points and more, helping you understand what's happening in the world of home finance.
- Mortgage rates are expected to rise due to strong economic growth and increased consumer confidence.
- The Federal Reserve, our nation's bank, plans to increase interest rates to manage inflation.
- If you're planning to get a home loan soon, it might be a good idea to lock in your rate now, as they're expected to keep rising.
For a more detailed explanation, check out the full report. It breaks down these points and more, helping you understand what's happening in the world of home finance.