Well, it’s nearly here. The Fed is finally meeting this week, on December 14, and will announce its highly anticipated decision on whether or not it will be raising rates. If you’re hoping for the answer to be no, don’t hold your breath. Right now the odds are sitting at about 97% for an increase that will most likely raise rates by .25%. So what does this mean for you and your mortgage? Accunet president Brian Wickert and millennial loan consultant David Wickert discuss this and more on this week’s Accunet Mortgage and Realty Show.
Also on this week’s episode, the Wickert’s will discuss the fantastic home sales numbers from November along with going over their recent trip to the Digital Mortgage Conference in San Francisco. The Accunet team also follow-up on previously discussed stories from the front-lines of mortgage lending and give the last weekly rate round-up of the year.
To close out the show, David and Brian the Wickert’s leave their listeners with this message: there is still time to combine your home equity line of credit with your first mortgage to ensure that when the prime rate raises at the beginning of the 2017 (assuming the Fed will raise it), you can shorten up the term and get interest risk out of your life. Listen in to hear all the details from the team putting a roof over your head without the headaches – Accunet Mortgage.
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