What impact does the Federal Reserve’s recent decision to raise the fed funds rate have on mortgage rates? Don’t panic.  It’s not too late to get a rate.  Here’s the good news.  The fed funds rate only has a direct impact on prime rate based mortgage products as well as adjustable rate mortgages (ARM’s).  ...Read More...

 Mortgage interest rates have found a “new normal” since the Presidential election.  We had become accustomed to thirty-year fixed rate mortgages coming with rates in the “3’s” but since then we’ve settled into a new range, operating in the “4’s”.  With the Federal Reserve raising the Fed rate a third ...Read More...