After the #fedratehike yesterday, what now? Well, your HELOC rate went up a bit but mortgage rates held! It was my hope the market had already priced that in and was glad to see them hold.
With a slow economy do we see more rate hikes in 2016? Many say the Fed will do 4 rate in 2016 – at .25% each. But with the slowing economy is that a lock? Will wait to see but my initial thought is they don’t do that many, maybe just 2 if that!
What do you think?