If you’re on the fence about refinancing, now is the time. After months of discussing the risks of raising interest rates too quickly, the Federal Reserve is changing course and suggesting that it will raise rates sooner than anticipated in response to surging inflation and falling unemployment rates. See the WSJ article below. We’ll be following next week’s Fed meeting on 12/14-12/15, but “projections are likely to show most of them expect more than one quarter-percentage-point increase next year.”
Please reach out to see if we can help you lock in an attractive interest rate—before rates go up.
High Inflation, Falling Unemployment Prompted Powell’s Fed Pivot
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