Mortgage Rates, Fed Rates Off Key

Mortgage Rates Hold Steady Horizontal - The Chemical Company

While the 30-year Mortgage Rate will commonly trends alongside the Fed’s target funds rate, that trend hasn’t followed suit in recent weeks. Following speculation about the new administration’s trade and tariff policies, borrowing rates have proved opposite of lowering Fed rates, which will impact buying power for major purchases including homes, automobiles and more.

To read more, click here.

Share:

Facebook
Twitter
LinkedIn
Email

Related Posts

Seasonal Products In Scope

As summer is in full-swing, planners and purchasing managers slowly start to turn their attention to fall and winter bids, requirements and budgets. The effects

Economic Results & Outlook

The US economy, as dictated by quarterly GDP, rebounded by 3.0% for Q2, after a slight contraction in Q1. Inflation rose slightly in the past