Are 7% Rates in the near future?

It certainly appears that rates could hit close to the 7% range in the near future. If the Feds raise rates 2 more times we will be near that range. One time will be on June 29. The next meeting is on August 8 and September 20. So it appears rates could be at 7 % easily be year end with 4 more Fed meetings after the June meeting. We want to stress that even at these levels rates are still very reasonable. Do your homework and do not take a higher rate than you need. Lenders all have different prices according to the profit they want to make. THEY ARE NOT ALL THE SAME.