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PROTECT YOURSELF FROM FED RATE HIKE

Jeannette Thompson

Published 3 months ago

We wanted to get this video out to explain the Fed Rate Hike planned for this week...this is rate increase #2 of this year. Why? - They need to do this in order to slow down inflation which is currently at 8.5%. How to protect yourself? - You need to review and convert all of your short term debt (equity lines, HELOCS, credit cards, etc.) and move into long term (good) debt. Long term debt/mortgage stays at a low interest rate, protecting you from fluctuations like this in the market.

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National Rate Averages

Conf. 30Y Fixed

5.42%
0.023

FHA 30Y Fixed

5.333%
0.005

Jumbo 30Y Fixed

5.163%
-0.169

Rate averages are calculated from actual locked rates. Learn more.

Additonal Resources

Selling Your House? Your Asking Price Matters More Now Than Ever…

Published 4 days ago

Lock your rate for FREE NOW and then find your next home!

Published 6 days ago

3 Graphs To Show This Isn’t a Housing Bubble

Published 1 week ago

The Real Reason Mortgage Rates Are Dropping at a Record Pace

Published 2 weeks ago

A Window of Opportunity for Homebuyers

Published 2 weeks ago

The Drop in Mortgage Rates Brings Good News for Homebuyers

Published 1 month ago

Home Loans, LLC

Company NMLS# 1850117

202 Main Street
Frisco, CO 80443
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Notice that the Gongloff Group has a business relationship with Home Loans, LLC. The owners of both companies own 100% of ownership interest in each business. Because of this relationship, this referral may provide the Gongloff Group a financial or other benefit. You are NOT required to use the listed provider(s) as a condition for settlement of your loan or purchase, sale, or refinance of the subject property.

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