Today's Chart of the Day, compiled from information from the Mortgage Bankers Association, shows the 30-year residential rates dating back to 1993. The hypothesis is: Are we simply returning back to the normal, long-term average we had before the Great Recession, which was a time before quantitative easing kept rates artificially low?
Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.
Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.