Rising Interest Rates, YES.. but still better than the banks!

Posted by Austin Shumaker on Nov 8, 2018 10:44:58 AM
Austin Shumaker
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Market Update:

Freddie Mac's chief economist notes: "Despite higher mortgage rates, the monthly mortgage payment remains affordable." 

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Forecasting Federal Reserve policy changes in coming months... There is overwhelming feeling on Wall Street the Fed won't touch rates this week. But a quarter percent blip is seen in December, then zilch again in January. Note: In the lower chart, a 7% probability of change is a 93% probability the rate will stay the same.

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Topics: Interest Rates

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