mortgage rules delayed: JUST IN...IMPORTANT HOUSING NEWS!
- 06/29/15 10:07 AM
FED RESERVE: September Rate Hike Likely! For several months the Federal Reserve has been trying to prepare the public for their first possible rate hike in years. Their wish may finally come true in September. This past week, William Dudley, president of the Federal Reserve Bank of New York, stated that an interest rate hike will be “very much in play” at the FED’s meeting in September. If you are looking to buy while the rates are still at historical lows, this summer is a great time to do it. Lots of changes in the housing industry coming our way.