Fed recently raised the funds rate by .25% to 0.75% to 1.00%. But what does that mean and how does it impact you? Watch the video..
Shashank Shekhar is a best-selling author and the CEO of Arcus Lending, offering mortgage loans for home purchase and refinance. For a free consultation and/or rate quote, email him at [email protected] or call his office at 1-855-644-LOAN
Buy his best-selling book "My First Home - a Step-by-Step Guide to Achieving the Ultimate American Dream" on Amazon.
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Mortgage rates have now increased in six of the last eight weeks. According to Mortgage Bankers Association (MBA) latest weekly survey, average 30 Year Fixed mortgage rates climbed above 3%. The higher rates resulted in refinance activity falling 11% to its lowest levels since December 2020. The average contract interest rate for 30-year fixed-rate mortgages […]February 27, 2021
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