April 27th Market Update: Will the Federal Reserve raise the key interest rate today?

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Mortgage and Lending with Homes Mortgage NMLS# 366970

Good morning,

Last week’s update was a bit long winded so we will keep this one short, rates are holding steady with the Federal Reserve issuing their monthly monetary policy statement today in which the interest rate is expected to remain unchanged almost certainly.

In other news, Shannon and I just celebrated our 8th anniversary yesterday. It’s amazing how fast time has flown by and it has been well worth every second.

Here are where today’s rates are trending Rates: 30 year fixed at 4.75% and the 15 year at 4.125%, FHA: 4.50%: As always rates change with individual credit scenarios and programs, with credit in the mid 700s and a 20% down payment these rates are what you should be seeing.

Have a great week!

Thanks

Matt

Matt Royer Mortgage Consultant, CMC | Homes Mortgage NMLS# 366970

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federal monetary policy statement

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Matthew Royer

NMLS # 366970
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