Fed Raises Rates - Don't Panic

AND, as predicted...The fed did raise interest rates this week. So what does this mean for you? If you have an adjustable rate mortgage or a HELOC, your rates are going up. Please budget accordingly. It is predicted that the Fed will raise rates again this year. So if this causes you any anxiety, it might be time to get a fixed rate mortgage or combine your first and second so your payments do not rise in the future. Reach out if you would like to run numbers. Have a great day!
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