Mortgage Rate Alert! Rates Climb Sharply After Trump Election
Posted
by Mike Askins
on Thursday, November 10th, 2016 at 8:51am.
With expected tax reduction change legislation, sweeping corporate tax rate reductions, repatriation of offshore accounts without tax consequences and repeal of Obama Care, markets are signaling an economic uptick that includes higher loan interest rates for DFW area home buyers. If you are in the pipeline for a new home, now would be a good time to consider locking your loan rate.