If you were looking for a home in 2019, you are likely keenly aware of the interest rates. Early forecasts had indicated a year of rising rates, but the year ended with rates significant lower. What a difference a year makes! So what does that mean for 2020? The first thing to remember is that predictions are not set in … [Read more...] about 2020 Mortgage Rate Expectations
There has been a lot of interest lately in interest rates, as President Donald Trump has been pushing Fed Chairman Jerome Powell to make deep cuts in the the already low Fed Funds rate. A couple of European countries are already in negative interest rate territory, so it's not unprecedented. However, many homeowners and … [Read more...] about Can Interest Rates Go Negative?