Is it here? Mortgage Rates Move Higher | David Reed Mortgage Rates Move Higher – David Reed
screen-shot-2017-03-16-at-9-17-09-am

The FOMC announced its first rate hike of 2017 and hinted at additional increases throughout the remainder of the year. Although Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) was conducted prior to the Fed’s decision, the release of the February jobs report all but guaranteed a rate hike and boosted the 30-year mortgage rate 9 basis points to 4.30 percent this week.