MORTGAGE MONDAY – HANDICAPPING THE FED

It will be like a Sportsbook on steroids as the financial world (and homeowners) waits for word from the FOMC meetings on July 30.  What will the FOMC decide when they meet on July 30?  Will they maintain the fed funds rate at current levels, drop it by .25% as most anticipate, or drop the rate even further?  How will this impact homeowners or those looking to buy and what’s the best strategy to secure the lowest rate?  If you’re looking for answers to help you  “handicap” your mortgage application or if you’ve never heard of a  rate lock-in with a one-time float down provision…read on…

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Sothebys International Realty
9255 Sunset Blvd.
West Hollywood, CA 90069

keith.kaplan@sothebyshomes.com

310-646-7791

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