I expect rate volatility today.
There is much speculation on the Fed meeting today that they may increase the cost of money the Federal Government lends out.
Whether they do increase the lending rate, or they don’t I expect the market to over react. Whether it’s a rally or a sell off we will see.
If you are currently floating your rate you might want to tell your loan officer to go ahead and lock.
That’s it for today!
Have a good day today! …and thanks for reading.
Brett
No comments:
Post a Comment