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With home loan rates the lowest they’ve been in a while, now is a great time to buy a home or refinance your existing mortgage. Choose the loan that’s right for you. Mortgage applications surge. After weeks of declines, mortgage rates have settled at a two-year low.
Some are mapping radiation. That’s because they’re all still at school. Supported by the charity The Institute for Research in Schools – or IRIS – the young people are given the opportunity to work.
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If Yellen tapers too quickly, investors could panic, causing mortgage rates to surge, said Diane Swonk, chief economist of Mesirow Financial Inc. in Chicago and an adviser to the federal reserve board. If the new chairwoman goes too slowly, low rates coupled with an improving economy will cause the housing market to overheat, Swonk said.
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