The Federal Reserve’s June meeting is coming up and it is widely expected that interest rates will continue to rise. This leads to two important questions. Why are experts thinking this, and how could these increases affect your current/future mortgage?
When it comes to home buying, the vast majority of buyers go the route of a fixed-rate mortgage. Most people don't realize about other options and go with the fixed-rate mortgage without much thought. What if certain situations made it so that you would be better off going against this majority though?