The Fed news causes rise and uncertainty in mortgage rates




Andrew Duncan talks to David Diaz of Waterstone Mortgage about the recent news from the Fed and predictions that the fed rate will rise, and so will mortgage rates. Everybody is banking on them raising the rate in December when they meet again. That, coupled with the jobs report which severely surpassed expectation, caused the rates to worsen a bit in the past week. With that said, it makes more sense to buy now more than ever rather than waiting for it to bee to late.

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