U.S. Federal Reserve Raised Lending Rates Again Today

The U.S. Federal Reserve raised rates today for 2nd time in three months.

Click here to see article published by the Federal Reserve accordingly today. 

We expect that mortgage and home loan rates will be bumped up within the next two days.  However, many lenders were expecting this and already hedged their home lending rates up in anticipation.

Question is what impact this increasing of lending rates will have on mortgage home loan rates and on home buyers at Orange County CA – and especially first time home buyers.

Contact us by cell or text at 949-701-2515 about information for process of your Orange County CA home selling or buying.

By Harrison K. Long, Professional real estate representative and REALTOR®,  HomeSmart Evergreen Realty.  Recently honored as “REALTOR® of the Year 2016” by the Orange County REALTORs®.  Representing sellers, buyers and investors.  Real estate broker CALBRE #01410855.  Currently serving as an appointed director at the California Association of REALTORs®.  

CONTACT US hereSource of information for this article is the article published by the Federal Reserve.

“U.S. Federal Reserve Raised Lending Rates Again Today”

 

About Harrison K. Long

Professional real estate representative, Realtor, Broker associate, Evergreen Realty HomeSmart, Irvine and Orange County, CA. Real estate broker, CALBRE #01410855. Providing value and helping property owners, real estate investors, trustees, executors and administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties and best decisions about homes and real estate - Orange County Association of REALTORs, member and prior service on board of directors from 2012-2014; California Association of Realtors, member and now serving on its board of directors; National Association of Realtors - Also an attorney member of the California State Bar Association #69137 - Contact by telephone or text at 949-701-2515.
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