𝙊𝙣 𝙒𝙚𝙙𝙣𝙚𝙨𝙙𝙖𝙮 𝙩𝙝𝙚 𝙁𝙚𝙙𝙚𝙧𝙖𝙡 𝙍𝙚𝙨𝙚𝙧𝙫𝙚 𝙧𝙖𝙞𝙨𝙚𝙙 𝙩𝙝𝙚 𝙁𝙚𝙙 𝙁𝙪𝙣𝙙 𝙧𝙖𝙩𝙚 𝙗𝙮 𝟎.𝟕𝟓 𝙗𝙖𝙨𝙞𝙨 𝙥𝙤𝙞𝙣𝙩𝙨. The increase take the fund rate to its highest level since December 2018 (cnbc.com)

However, mortgage rates 𝙁𝙀𝙇𝙇 yesterday 📉

𝙒𝙝𝙮??
The Fed Fund rate most directly impacts what banks charge each other for short-term loans, it feed into multiple consumer products such as adjustable rate mortgages, auto loans and credit cards.

𝘾𝙪𝙧𝙞𝙤𝙪𝙨 𝙬𝙝𝙚𝙧𝙚 𝙧𝙖𝙩𝙚𝙨 𝙖𝙧𝙚 𝙖𝙩 𝙡𝙤𝙘𝙖𝙡𝙡𝙮?
Green State Credit Union is currently at 4.625% for a 30 year conventional loan, we're seeing even lower rates for FHA & VA loans.

If you're thinking about making a move, but concerned about interest rates don't hesitate to reach out. We can connect you with several great mortgage lenders.

📥 Hokel Real Estate Team | 📲515-981-2113 | www.hokelrealestateteam.com