Texas Tech University

Ahead Of The Fed: Interest Rates And Your Mortgage


December 15, 2015

Yahoo - For homebuyers, the go-to resources for information and education are generationally divided. Whether due to comfort or past experiences, where you look first or who you talk to first is statistically different based on your age bracket.

John Gilliam, PhD, CFP®, CLU®, Associate Professor Of Personal Finance At Texas Tech University "In the low interest rate environment we have been in for the last several years, it would be best to 'lock' in a fixed rate as opposed to taking an adjustable rate. It is extremely likely for a 30-year mortgage's rate to go up; it's just a matter of when."

Read the story here.