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Feds Are Flying Blind During Gov't Shutdown
Interest rates continue to benefit from a short-term economic environment, but this sweet spot will be short-lived. Once the affects of the Washington stalemate and threat of China tariffs abate, rates will find their way back to where they were in the latter half of 2018, pushing 5%. Those fortunate to find a home and enter into a purchase agreement have been able to lock into a 30 year fixed rate loan in the mid 4% range. Take advantage folks, this surely won't last.
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