Lock ahead of the Fed
Mortgage / Home Buyer News
The Federal Reserve's rate-setting committee meets today and tomorrow. Around 2:15 p.m. eastern time tomorrow, the Fed will issue its latest rate policy statement, and it will move markets. The prudent thing to do is lock your mortgage rate before tomorrow afternoon.
It is quite possible that long-term interest rates will go down after the Fed
Source: Bankrate.com » Mortgages