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The Fed Funds Rate DOES NOT EQUAL the Mortgage Rate! - Atlanta Home Loan Team


Breaking News‼️ - The Fed Funds Rate increased .75% today. BUT, it’s important to know the Fed Funds Rate DOES NOT EQUAL the Mortgage Rate! The Fed Funds rate impacts short term and/or variable rates like:


- Credit Card Rates


- Auto Loan Rates


- Savings Account Rates


- Student Loan Rates


Mortgage Rates have actually DECREASED this week!! (7/27/2022)

-

Chad Wade

Managing Partner

Cornerstone Mortgage Group

Atlanta Home Loan Team


Georgia Residential Mortgage Licensee - 21412. Company NMLS -147913. Individual NMLS - 147936.

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