Fed Raises Rates Again

As predicted, the Federal Reserve has raised key short term interest rates again today.  Looking forward, two more increases are likely this year.  As pertains to mortgages, Fed rate increases are generally accounted for in advance, so I would expect to see mortgage rates continuing to increase this spring and summer in anticipation of Fed moves.

The Washington Post offers a detailed analysis.

New On Market in Kentfield This Week

A truly fantastic effort by my colleague Katie preparing this Kentfield listing for market.  Magnificent views of Mt. Tam tucked away on a private lane. Striking architecture with spacious public rooms, soaring ceilings, natural wood beams. The home has a wonderful open floor plan and inviting feel. An award-winning 860 sq ft Entertainment room features a 100 inch screen for movies/TV. Huge pool. Minutes to freeway, A+ schools and shopping. Freshly painted inside and out with new upgrades. Contact Todd at 415.680.3636 to schedule a viewing appointment.

$5.325M 5BR 5.5BA 6034sf on 2.1488ac