Fed Raises Interest Rates for Second Time in 2017

Fed Raises Interest Rates for Second Time in 2017

Source: Lauren Gensler at Forbes

The Fed is confident in the U.S. economy and has decided to raise interest rates for the second time in 2017! This is the result of a lower unemployment rate (which is news we like hearing about!) and an economy that continues to thrive. Buyers, don’t fret: as of May, mortgage rates are still sitting pretty at 4.01%.

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