Houzzle Financial, Inc.

Due to the influx of messages about fed rate cut: Your credit cards, car loans, personal loans and mortgages will not be going to zero %. Think of this as bank to bank rates and not bank to consumer rates. In regard to our mortgage rates, they went up about 1% last week. We will see how markets react tomorrow. ... When the fed starts buying treasuries and mortgage backed securities, banks will have liquidity and rates will trend back down. Time will tell, but this will take some time. Especially with the volatility of the markets. Bonds based on market trends should have went up last week, they didn’t. If you have questions about your current mortgage situation, send us a DM or call us at 770-8975626 Stay safe friends!

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