Interest Rate Update

Are Mortgage Interest Rates Really Skyrocketing?

The good newsis, interest rates HAVE NOT skyrocketed.

This guest post comes to us from our friend, Pete Green, Branch Manager at Atlantic Bay Mortgage Group.

With the onset of strong home sales, housing starts, higher import price, and other key economic factors, not to mention Federal Reserve rate increases, experts pegged 30-year rates to [...]

The Fed Raised Rates: What Does that Mean?

You may have heard that the Federal Reserve raised rates...

But what does that mean if you are looking to buy a home in the near future?

Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of the Federal Reserve, would vote to raise the federal fund's target rate at their December [...]