How The New Fed Chair Could Change Your Mortgage Rate
Kevin Warsh is the new Fed chair, and real estate buyers (and sellers) want to know what that means for mortgage rates. In his first Fed Meeting this week, rates held, with 9 governors indicating a potential increase this year. Sonoma Wealth Marketing Director Dan Weir and Advisor Clay Dunkle sit down with Linda Zaiss, VP of Mortgage Lending at Rate in Napa with 26 years at the closing table for a deep dive on interest rate scenarios:
• How the bond market, not just the Fed, drives what you pay on your home loan.
• The tricky pickle that the Fed currently finds itself in between rates and…
The skinny
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