Expect Notary Signing Tasks To Slow In 2017 As Interest Rates Increase

As mortgage interest rates increase, notary signing agent refinance tasks decrease.

The Fed is widely expected to announce an increase in the target range for its federal funds rate to 0.5%-0.75% when its two-day meeting wraps next Wednesday, analysts agree. It will be the first increase of 2016, a year once expected to produce at least a couple of rate adjustments.

Notary signing agents need to think about field service inspections as a gap filler.

About 20% of SOFI members provide BOTH notary signing tasks and field service inspections.

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