Posts Tagged ‘rates’
The Fed Rate Increases .25
The Fed announced today an interest rate hike of .25 to the Fed funds rate. This brings the Fed funds rate to 5.5%, the highest level in 22 years, as the Fed continues to fight against stubbornly sticky inflation. In commentary following the hike, Fed officials noted they’ll watch inflation and monitor the overall marketplace…
Read MoreWhat’s Happening in the Housing Market
As Q3 winds down for 2022, I wanted to provide some insights into where the housing and mortgage markets are, and what’s likely to occur going forward. If Q2 was to be summed up with one word, it would likely be volatility. We witnessed 2 aggressive Fed rate hikes, with opposite market reactions each time. Interest…
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