The U.S. Federal Reserve raised rates today for 2nd time in three months.
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.
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®.
“U.S. Federal Reserve Raised Lending Rates Again Today”