Tuesday, December 6, 2022
HomeReal EstateFed Funds Rate, November 2, 2022

Fed Funds Rate, November 2, 2022


Even with the Federal Reserve raising its short-term fed funds rate by another large amount, longer-term interest rates look to move only slightly. The mortgage market has already priced in the latest Fed move. 

Still, mortgage rates are near 20-year highs, and that hurts homebuyers. Once inflation is contained, mortgage rates will start to drift lower. It may be another year or two before that happens.



Source link

RELATED ARTICLES
- Advertisment -Best Freelancer Website to Join Click Now to Sign Up

Most Popular

Recent Comments