The Federal Reserve hiked short-term interest rates last Wednesday in a move largely predicted by economists, and it also suggested that three more additional increases could occur in 2017. So how exactly does this affect rates on mortgages. Will Fed interest rate increases raise rates on ... » Learn More about Will Fed interest rate increases raise rates on mortgages?
Rates on Mortgages
30-year mortgage rate rises yet again – to 4.16%
Two out of three (62.5%) mortgage experts polled by Bankrate.com this week think the mortgage rate will continue to rise over the short term, and 25% foresee little change. Only 12.5% forecast a decline. 30-year mortgage rate rises yet again - to 4.16% Long-term U.S. rates on ... » Learn More about 30-year mortgage rate rises yet again – to 4.16%