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Not so fast, yesterday Bloomberg interviewed 16 big firms that buy treasuries paper and out of the 16, 15 do not feel the Fed will raise rates this years. Now that’s better news but why is the rates moving lower?

Well when you have 62% of Wall St traders saying the Fed will raise rates this year due to the Fed’s need to controlee inflation we have a mixed message in the markets.

Home buyers talk to a loan officer that can offer not only loans from their banks but if they can offer to broker the mortgage. I offer loans from the bank I work for AMG but if there is a better rates for instance from Wells Fargo I will offer the Wels loan to my client.

If you are looking at refinancing your home move fast because the rates of historic lows are a thing of the past and if traders work into the market the fact the Fed will NOT lower rates or even keep them the same, you will be dealing with the issue of the market factoring the next time the Fed meets.

Get pre-qualified today to see what is available for you by multiple banks.

Aldo Grillo
Loan Officer
Advisors Mortgage Group
718-701-5650 Office
aldo@SureRatelock.com agrillo@advisorsmortgage.com
www.SureRateLock.Com