Fed hints tapering off this year, higher rates to come

Minutes from the July Federal Reserve meeting indicate a willingness to reduce asset purchases before 2021 ends.

Tapering off on asset purchases will eventually impact the T-Note yields, and higher yields on Treasurys mean higher rates on mortgages.

After insanely low mortgage rates during the pandemic, rates continue to stay low… for now.

While rates continue to stay at historic lows (under 3%), we must prepare for higher rate environment.

The looming possibility of the Federal Reserve tapering off on the economy makes now an ideal time to wrap up a refinance, borrow cash from your equity, or purchase a home before rates start climbing up.

Let us crunch some numbers, see if it makes sense for you:

✅ Lock a low rate
✅ Save money overtime
✅ Pay your mortgage down
✅ Lower your monthly payment
✅ Cash some money out

Let us Crunch Numbers

Call 800 816 5626 now or chat with a Home Loan Expert by requesting a quick quote:

• Lowest rates in 50+ years
• Lower mortgage payment
• Increase purchasing power
• Stop wasting money on rent
• Pay off your mortgage earlier