Interest rates rose, Feb 2, 2018

 

I just received the latest update and interest rates are rising; currently rates are around 4.625% on a 30 year fixed rate loan!  Rates have increased because the 10 year treasury note jumped 4 basis points (.4%).   The jump is attributed to increased jobs growth and increasing wages.  Here is a link to an article for more information:
Interest Rate article

Posted on February 3, 2018 at 7:55 am
Matthew Morris | Category: Economy, Home, Housing, Real Estate | Tagged , , ,

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