So I'm seeing now that the federal reserve is slashing interest rates to encourage spending and borrowing. I have been looking at buying my first house recently and have my eyes on a few different ones,but I honestly have no idea what I am doing tbh. I've been trying to read up on everything to better understand mortgages and the whole process of it all. My question now is, with the interest rates low now, should I hurry up and apply for a loan now to make use of the low interest rates, or will it not necessarily apply to my situation?
Submitted March 16, 2020 at 05:14AM by Klausterfobic https://ift.tt/2TQiExA