Richard Woodward | (214) 945-1066

The Fed cut interest rates to zero. What does that mean to me?

Mortgage rates are NOT zero. Interbanking offering rates are near zero. Today the fed cut interest rates to zero. What does that mean to you? The fed funds are not the same things as mortgage rates, the two are somewhat associated with one another but are not directly tied to one another. Mortgage rates are…

Mortgage Interest rate update for Dallas Texas October 26 2018. Current Mortgage Rate Trend Direction: Modestly higher Advise for Clients for mortgage rate lock: Continue floating as Stocks endure pain, for now Disappointing earnings from Google and Amazon are pushing Stocks lower again this morning, while giving Bonds a boost higher. Today’s drop in Stocks…