The Federal Reserve has announced that they will start to
unload their massive $4.5 trillion balance sheet of bonds. The Fed began
buying bonds in 2009 to ease the mortgage crash. What does this mean to the
everyday consumer? Higher rates across the board. We will see rates go up from
credit cards, to car loan, to home equity lines and of course mortgage
rates. Check out the article HERE.
Looking to buy or refinance? Now may be the time to do it as opposed to
waiting until next year. Call the Easterbrook Team at (916) 850-6050 or
email us at easterbrookteam@spmc.com.
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