Long term rates unaffected by recent Fed action

The Fed raised short term interest rates last week. FYI – to date, it has only helped long-term interest rates come down…albeit slightly. What it really affects are people who carry balances on their credit cards, Home Equity Lines of Credit and Adjustable Rate home loans. If you are on the fence for a fixed rate mortgage, purchase or refinance…this is a good time to take advantage. Call Michael Mitchell for more information! 530-406-2200, 707-259-1117 or mobile at 707-337-5970!

Tip of the day!

Great news! Now every county in California can get financing up to $679,650.00 up to 80% loan to value. Call Michael Mitchell for more information!

Welcome

Welcome to Mitchell Mortgage! Please check back for future articles and information.