Fed dropping rates on Wednesday
DDA Mortgage • October 28, 2019
Fed dropping rates on Wednesday, what does that mean for the 30 year fixed?
How are the rate changes going to effect you? Is it a good time to refinance? Answers to your questions.
Call (727) 784-5555
hey Didier Didier more let's talk about
00:03
the feds the feds are gonna cut the rate
00:05
Wednesday we know it's happened what
00:08
does that mean for long-term rates are
00:09
they gonna go down are they gonna go up
00:11
well I'm here to tell you that don't
00:14
wait for the feds to cut their rates
00:16
thinking the rates are gonna go down
00:18
there's a great opportunity that they're
00:20
gonna creep up there's a lot of other
00:22
reports coming out this week that will
00:25
dictate which way the rates are going
00:27
but don't hold doc I always recommend a
00:30
lock in your rate immediately when you
00:32
have a loan I'm taking one today I'm
00:34
telling to lock it in because you'll see
00:36
that the rates will usually creep higher
00:39
not lower this is a tip that everyone
00:41
needs to know I'm Didier Debbie a
00:43
mortgage thank you and have a great week
