Can You Hike The 2017 Interest Rate Hike

Dated: 03/16/2017

Views: 267

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If you've been on the fence about buying a home

you need to let me help you out now! The Federal Reserve just hiked up interest rates a quarter of a point.
This is the second time in three months the Federal Reserve hiked up interest rates & its expected to hike up two more times this year.  With the new .25% a home loan of $200k will now cost you an extra $353/year, if hiked three more times as predicted to an increasing rate of .75% you will now pay an extra $720/year. If you are an existing home owner with an adjustable rate this hike will effect you too. Contact your lender today to qualify you for a fixed rate!  

Don't wait until it's too late, contact me today!

Vvalles@scottie-smith.comor text "Valerie" to 214-945-1370


Source: http://www.nbcnews.com/business/consumer/what-interest-rate-hike-means-you-n733796 , Bankrate


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