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What Does A Fed Rate Hike Mean For Home Mortgages?
Posted By Kevinvitali 611 days ago on Real Estate
https://merrimackvalleymarealestate.com -
This content is provided by Kevin Vitali of EXIT Group One Real Estate your Massachusetts Real Estate Agent
First, let’s just get it out there….. The Federal Reserve does not set mortgage rates. Yet, nothing puts fear in homebuyers fervently looking for homes and hearing about a pending Fed Hike Rate. Many hear about the Federal Reserve increasing rates and assume it is a 1:1 correlation to interest rates on home loans rising. […]
The post What Does A Fed Rate Hike Mean For Home Mortgages? appeared first on Massachusetts Real Estate- Merrimack Valley.
First, let’s just get it out there….. The Federal Reserve does not set mortgage rates. Yet, nothing puts fear in homebuyers fervently looking for homes and hearing about a pending Fed Hike Rate. Many hear about the Federal Reserve increasing rates and assume it is a 1:1 correlation to interest rates on home loans rising. […]
The post What Does A Fed Rate Hike Mean For Home Mortgages? appeared first on Massachusetts Real Estate- Merrimack Valley.
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