What now????

We have a new president–but what will this do to #mortgagerates? Trump’s win comes as a surprise to many and the markets don’t like “surprises.” While the FED has been foreshadowing rate increases, the decision to up rates will now be influenced by how things play out. If consumer spending slows, and/or the markets react poorly then it is likely the rates will hold steady in an attempt to steady the ship. 
The #FED loves excuses to not raise rates. So, if you’ve been thinking about refinancing or making a change, it looks like there’s still time to take advantage of great rates. 

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