August 23rd, 2023 6:43 PM by Juan Luis Rodriguez-Kohly
The Federal Reserve Board has Increased the Interest Rate by a MASSIVE 0.750%. This translates into a lower amount of funds you can receive from a new Reverse Mortgage or a Higher Monthly Payment for Traditional Mortgage Borrowers. This only is the 3rd increase of several announced for 2022.
If you haven’t applied for your Mortgage yet, don’t keep waiting. Call me today at 786-262-6486 or send the information requested below.