Stephanie P.Poster
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Refinance NOW. Rate hikes are coming!
Nothing political here, but just a little common sense. Here are the facts as I see them.
- We've just come through a period of a sustained, albeit at a snail's pace, recovery from a lengthy and deep recession.
- Rates have maintained historic lows for well over the last 5 years because it's dangerous to raise rates in a sluggish economy (it's worse to raise taxes, but that's another thread).
- The Fed has signaled, with a recovering economy, there will be rate hikes
- The February jobs report was strong enough that many analysts are projecting 4 interest rate hikes this year alone
Get on board and save yourself some money. If you were going to do anything this year, NOW is the time. Get your rates locked in whether you're purchasing or refinancing.
Rates have no where to go but up.
Happy investing. Let's make this a great spring.
Stephanie
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