Interest Rates Are Going Up

For those without a large balance, the rate leader is now Vio Bank’s Online High Yield Savings Account (2.52% APY). For those worried about falling rates, Northern Bank Direct came out with a new money market promotion that offers 2.50% APY on all balances up to $250k with the 2.50% APY guaranteed to last through 2019.

Mortgage rates this week. At the current 15-year fixed rate, you’ll pay $745.21 each month for every $100,000 you borrow, down from $747.23 last week. At the current 5/1 ARM rate, you’ll pay $484.36 each month for every $100,000 you borrow, down from $487.27 last week.

It explains the key terms, from interest rates to closing costs, and ensures you’re getting the home loan your lender promised. Where mortgages rates are headed. Even though mortgage rates were expected to rise last year, that wasn’t quite the case. While we’ve seen mortgage rates inch up, it hasn’t been the drastic climb that some expected.

This two-month mortgage rate forecast and mortgage market forecast is part of the HSH.com MarketTrends newsletter, published every week by HSH Associates. HSH.com is a leading consumer site for mortgage information.

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“Currently, interest rates have been going up,” says Quentara Costa, a financial planner and founder of the financial planning company POWWOW, LLC in North .

Los Angeles Mortgage Rate The city of Los Angeles has a city rate of 0.021345%. The rate for the los angeles unified school district is 0.122192%. In the city of Bell, which part of the Los Angeles Unified School District, there is a city rate of 0.340413%, and the total rate is nearly 1.57%, among the highest in the county.

And interest rates are going up. The Fed is raising interest rates, that tends to slow the economy. And they want to slow the economy so we.

Tweet; CD rates have already started moving up since the federal reserve starting raising interest rates. Though the climb has been more gradual than savers would like, even a slow upward movement in rates over the next year or more means CD savers need to be savvier than ever in choosing their certificates – and their timing.

Source: keepcalmandinvest.com What to watch. Bank of America. Investing in financials when the borrowing rate is going up is a real no-brainer. Financials have recently been taking a hit due to.

Actually, we in fact do. For if inflation is up because Iranian oil is off the market – say – then this isn’t something that a change in US interest rates is going to anything about. But if we’re.