Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

A Trump Bump - As In Interest Rates
 
A Trump Bump – As In Interest Rates
 
Long term rates have risen and are predicted to rise a little further through next year. When long term treasury rates rise, so do mortgage rates. Speculation about a boost in economic growth, higher inflation rates and international trade wars are fueling this rise. What does this mean for you? Nothing if you have locked in a rate below 4% for your home loan. If you are looking for a home or did not lock in a rate for your refinance, expect your interest rate to be higher than quotes you had a week ago. Is this speculation premature? Perhaps, economists caution their forecasts are tentative. The marketplace does not like uncertainty so expect a bumpy ride until a clearer picture of a Trump administration and its policies are evident. As for forecasts by economists, if you want four opinions about the economy, ask three economists.
 
Dana Bain
www.BainMortgage.com
... more

__________________________________________________
Are you on The Rain? Grow Your Network!