Rates Could Rise After the Fed Meets. Lock in Now.
5 Reasons to Refinance Before the Fed Meets in July
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- These low rates have been fueled by the Fed’s efforts to boost the economy and are not going to last much longer.
- See Refi Offers Now Savvy homeowners are taking advantage and striking while the iron is hot in order to maximize their long-term savings.
- Rates will rise: It’s inevitable and it is only a matter of time before rates will start to rise again.
- Bob Broeksmit, President of the Mortgage Bankers Association all but ensured they would rise stating that “with mortgage rates well below 3 percent but expected to rise slowly this year, many homeowners are acting now.”
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