"Philip always made himself available whenever I had a question. We never had anything unexpected pop up. He was always very clear in what was coming up and what time lines we would hit. Would definitely reccomend to friends and family"
michael a
Fed Hikes Rates Again – Mortgage Rate Reaction
Today July 27, 2022, the Federal Reserve raised the Federal Funds rate by .75%. Many people think that mortgage rates will rise accordingly. However, I explain in this video what happened with the longer term rates and mortgage rates.
If you have a home equity line of credit (heloc), your rate may be directly affected by the action the Fed has taken. You may wnat to consider consolidating your first mortgage with your heloc and any other debt that may be affected by the fed rate increase, such as credit cards.
If you have a home equity line of credit (heloc), your rate may be directly affected by the action the Fed has taken. You may wnat to consider consolidating your first mortgage with your heloc and any other debt that may be affected by the fed rate increase, such as credit cards.