Mortgage Rates in 2016: Gradually, then

Mortgage Rates in 2016: Gradually, then Suddenly – At the start of 2016, expectations were high for mortgage rates. Following the Federal Reserve Board’s December 2015 rate hike, the first in a decade, financial markets expected mortgage rates to steadily inch higher with a series of three to four more Fed rate hikes over the year. Instead, mortgage rates followed the famous path to bankruptcy described by Ernest Hemingway: They moved gradually, then suddenly. Buffeted …

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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