Monday, October 24, 2016
HOME EQUITY LOAN
Ask Lenders a Question
Secure Online Application
Home Equity Loan
Home Loan Basics
Purchasing a Home
Refinancing a Home
First Time Home Buyers
Home Equity Loans
Low Rates Continue
Home Values on the Rise Nationwide
FHA to Lower Annual MIP
The 3 Percent Down payment program is back!
VA Loans on the Rise
Need a little extra cash?
Refinance to reduce your monthly mortgage. Apply now using our step by step application.
Interest Rates Stand Until Unemployment Reaches 6.5%
> Interest Rates Stand Until Unemployment Reaches 6.5%
It was announce Wednesday that the Federal Reserve will preserve already historically low interest rates until the nation’s unemployment rate reaches 6.5% or close to it.
The unemployment rate currently sits at 7.7% and is forecasted to reach a level between 6.8% and 7.3% by the end of 2014.
The Federal Reserve also committed to having the short-term rate remain until inflation rates reach near 2.5%, higher than the current 2.2%.
The hopes of keeping short term rates near zero percent is to “spur economic growth and lower long-term borrowing costs for consumers and corporate,” according to USA Today.
Conditions of Use
Rate Your Experience
Copyright © 1999-2016
, or its affiliates.