News and Info2019-04-02T16:24:27-07:00


Galaxy Mortgage’s News and Information Blog

411, 2019

What the Fed’s Most Recent Interest Rate Cut Means for Home Buyers and Mortgages

November 4th, 2019|Interest Rates, Mortgage FAQs, Mortgage Tips and Information|

If you’re in the process of finding a new home, then the most recent Federal interest rate cut may have piqued your interest in terms of your next mortgage. On October 30th, the Federal Reserve cut interest rates by a quarter point – for the third time in 2019 – in hopes of bolstering the economy.

1908, 2019

Could Another Recession Lead to Lower Mortgage Rates?

August 19th, 2019|Interest Rates|

While the financial impact of the 2008 economic recession is, for the most part, behind us, there are now fears that the U.S. economy could be heading into another rough ride. And, while interest rates will oftentimes rise in response to increasing inflation, as a recession is just getting underway, interest rates – including those for home mortgages – will typically go down.