Tabitha Burroughs - Realtor

Here’s your update:
You may hear the terms “hawkish” and “dovish” when the media mentions the Fed’s sentiment. Here is what that means: Hawkish = policy makers who favor higher interest rates to keep inflation in check. Dovish = policy makers who promote monetary policy that usually involve lower interest rates.

The “Hawks” have been out lately throwing some cold water on the markets cautioning against cutting rates too soon. The markets have reacted. According to mortgage news daily, national average rates today are:

6.89% conventional 30 yr
6.17% conventional 15 yr
6.14% FHA
6.15% VA

Let me know if you need anything! I’ll be around and happy to help...