Note on mortgage rates…
The Fed has said that we should expect more rate hikes in 2016.
However, they have also said that a June rate hike could be constrained by the Brexit vote on June 23 (British vote on staying in EU). … And, the Fed also said they are unlikely to
have back to back rate hikes.
have back to back rate hikes.
So, there are some mixed messages, but eventually they will go up. You can be assured!
If you were considering refinancing your home now is the time to do it. …(I can help you refinance by the way!)
That’s it for today!
Have a good day! …and thanks for reading.
Brett
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