{"id":1714,"date":"2016-01-08T01:31:41","date_gmt":"2016-01-08T01:31:41","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1714"},"modified":"2016-01-08T01:31:41","modified_gmt":"2016-01-08T01:31:41","slug":"what-feds-rate-increase-means-for-homebuyers","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2016\/01\/08\/what-feds-rate-increase-means-for-homebuyers\/","title":{"rendered":"WHAT FED&#8217;S RATE INCREASE MEANS FOR HOMEBUYERS"},"content":{"rendered":"<p>It&#8217;s the 1st move since lowering the rate to zero in December 2006.\u00a0 Rates on 30 year fixed will rise gradually.\u00a0 The rate moves in the same direction as the fed funds rate, but not in lockstep.\u00a0 Same for 15 year home loans, a popular refinance choice.\u00a0 Adjustable-rate mortgages will react quickly to the fed funds rates.\u00a0 Rates on ARMS are typically tied to the prime rate.\u00a0 All this according to Dr. Jim Gaines, Real Estate Center Chief Economist.\u00a0 This could eventually price some buyers out of the market, then this subsequent reduced demand could slow home price increases.\u00a0 WE WILL JUST HAVE TO SEE!<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s the 1st move since lowering the rate to zero in December 2006.\u00a0 Rates on 30 year fixed will rise gradually.\u00a0 The rate moves in the same direction as the fed funds rate, but not in lockstep.\u00a0 Same for 15 year home loans, a popular refinance choice.\u00a0 Adjustable-rate mortgages will react quickly to the fed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1714"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1714"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1714\/revisions"}],"predecessor-version":[{"id":1715,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1714\/revisions\/1715"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1714"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}