Rates May Be on the Rise

Rates May Be on the Rise

This week held a lot of good news (and some not so good) that points to a stronger economy. So sorry… Why do I say sorry? Because when the economy looks stronger, that means rates might go up. Wednesday, the Consumer Price index or CPI was announced, and that number...
Rates Inch Up

Rates Inch Up

This week saw rates inch up a little on the rumor, then some words from Fed Chairman Janet Yellen indicating the US economy may be firming up enough to withstand an increase of the Fed Funds rate.  So what news backed this up? The first big news was that New Homes...