Sanibel Real Estate Blog: Rates on The Rise?

The nation’s largest banks, in response to the Federal Reserve raising interest rates, have already started raising their prime lending rates. Citibank, B of A, US. Bancorp, Wells Fargo, JP Morgan Chase, PNC and others raised their prime lending rate to3.5% form 3.25%, effective in most cases Friday.

Get your home loan before you hear of another rate hike. If you are interested in checking out Sanibel real estate, give us a call at 239-849-3396 or check out some Sanibel real estate listings on our website.

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