Integrity Lending’s Tips for Lower Mortgage Rates

Everywhere you look mortgage rates are down. Experts say that’s because the market had anticipated that the Federal Reserve was going to start to increase.
However, there have been powerful indicators that the economy still needs these rates to be low to keep our modest growth going.  So right now, rates have come back down because the market feels there is a very good chance that the Fed will not be raising the rates in June.
Consensus seems to be that rates will still be raised this year, but that sometime closer to September instead.
If you’re in the market to re-finance or purchase a new home, act before July if you can.

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