The Federal Reserve Just Slashed Rates to near 0%, Should I Refinance My Mortgage?
Seems like a no brainer, right? Well, not necessarily. When the Fed cuts rates, it does not perfectly correspond with mortgage rates. Let’s dive into the “why” behind mortgage rate movements and the current climate. Rate cuts have an impact, but they do not always directly relate to your 15- or 30-year fixed mortgage rate. […]