castles luxury: Mortgage Rates Hit 12 Month Highs Driven by Trump, Yellen Expectations
- 11/22/16 01:36 AM
BOSTON, MA – Mortgage rates have recently reached their highest levels in the past 12 months with 30 year fixed rates now approaching 4%. The last time mortgage rates were this high was on Dec. 12, 2015, when rates were 3.97%. The increase in rates is generally being attributed to favorable business expectations in light of President-elect Donald Trump’s announced tax and business initiatives which have pushed the Dow Jones 30 stock average to record levels above 19,000. Also, recent remarks by Federal Reserve Chair Janet Yellen have made it a foregone conclusion that the Fed will be raising interest rates in … (0 comments)
BOSTON, MA – Mortgage rates have recently reached their highest levels in the past 12 months with 30 year fixed rates now approaching 4%. The last time mortgage rates were this high was on Dec. 12, 2015, when rates were 3.97%.
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