06/15/2022
‼️A note from Bill with PrimeLending‼️ :
The market took some major corrective actions late Friday pushing rates higher into territories we have not seen previously. More actions by the fed are anticipated to curb inflation without sending the economy into a recession.
The thirty year fixed rate this morning stands at 6.00% with 1 point.
Good news, the price of a barrel of oil is declining from $123 to $119 which will trickle down to the pumps we visit regularly.
Thanks Bill!