The Federal Government raised interest rates .25% today, which will raise rates for borrowers looking to purchase their next home or car. It is projected that they will raise rates twice more this year.
Keep in mind that these current interest rates are still relatively low, so don't let this news keep you
from pursuing your plans to purchase new home.
Please consider The Myers Team your resource for all things real estate. We have over 30 years of real estate experience, specializing in the Montgomery County area. If you are refinancing, want a recommendation, need a service provider or just have a home related question, please give me a call at 301-910-9910 or email me at email@example.com.