North Lake Tahoe Real Estate- Why Fed Changes are Important to YOU

Lake Tahoe

As the Fed now has fewer funds to last through the remaining months of the program, Its ability to keep rates low will wane.  As the Fed’s program winds down and ends, we’ll likely see two things happen:

First, we will probably see higher levels of volatility- with rates sometimes shifting dramatically in the middle of the day.  That means it is more important than ever for buyers to work with a knowledgeable mortgage professional that has their eye on the market at all times and can provide trusted, proven advice.

Second, since MBS will have less support from the Fed, rates are likely to rise over time.