Michigan Mortgage Rates May Increase on News the Fed Hikes Rates

By
Mortgage and Lending with Orion Lending

The Federal Reserve just announced this evening that they are hiking the Fed Funds rate to 0.75.

This may be the beginning of the end, of the all time lowest Michigan mortgage rates ever seen.

Watch following Video from CNBC for comments and more info:

 

 

What do you think is going to happen to Michigan Mortgage Rates?

Please feel free to comment on what you think is going to happen to Michigan mortgage rates and why.

 

Posted by

James Mucci - Treeside Financial, LLC

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