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The Fed Spoke, the Markets Reacted

SEPTEMBER 21, 2020   JORDANREED  NEWS Last Week in Review: The Fed Spoke, the Markets Reacted Last Wednesday, the Federal Reserve issued its Monetary Policy Statement and held a press conference. An unofficial mandate for the Fed is to maintain “market…

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When should you refinance your mortgage?

By Brian O'Connell Mortgage refinance rates are on a downward trend with the shadow of COVID-19 looming over the U.S. economy. Major mortgage lenders are in agreement that mortgage rates will continue to slide to historically low levels. Wells Fargo estimates a 2.93 percent rate for…

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6 mortgage myths debunked

By Brian O'Connell With mortgage rates in decline, more Americans will try to land a new home at a great deal or refinance an existing one. Along the way, watch out for these “mortgage myths.” (iStock) The average 30-year fixed mortgage rate stands…

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