Mar 19, 2015

What did the Federal Reserve have to say?

Based on what Janet Yellen had to say, seems like it is only a matter of time before rates rise - but she did seem to indicate that she wanted to be confident before raising rates. As loan originators, this is good news in the short term that rates are going to continue to hold steady in the short term. But ideally, you need to encourage your customers to lock in to lower rates while the going is good - and move them into the pipeline.

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