In a move that caught many by surprise, the Federal Reserve's recent decision has led to a noticeable drop in mortgage rates. This development is a game-changer for potential homebuyers and current homeowners alike. In this post, we delve in

Mortgage rates have been rising steadily in recent months, reaching a 20-year high in October 2023. This is due to a number of factors, including inflation, the Federal Reserve's efforts to raise interest rates, and strong demand for housing.

While rising mortgage rates can make it more expensive to buy a home, they are still relatively low by historical standards. And there are a number of things that homebuyers can do to offset the impact of higher rates.

On March 22, 2023, the Federal Reserve announced a rate hike of 0.25%. This move has been widely anticipated and has significant implications for the economy, including the mortgage market.

In this Blog:
-How will the Federal Reserve increase affect Rates.
-VA changes.
-FICO Changes for Fannie/Freddie
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In this Blog:
-Rates go up on lots of good economic news.
-IHA changes locks, but they still ROCK
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In this Blog:
-Rates WILL be higher next week.
-What is a G-Fee
-HARP 3.0
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In this Blog:
It is all about the Federal Reserve and what they are going to do with QE3!