If The Fed Raises Rates, Will Mortgage Rates Follow?
Has the Fed done enough to get the economy under control, or could market conditions push mortgage rates up further?
Has the Fed done enough to get the economy under control, or could market conditions push mortgage rates up further?
The Federal Reserve is likely to raise rates next week and again in December, January
This latest surge keeps pricing out would-be buyers.
Freddie Mac says the 30-year fixed-rate mortgage is still under 7%; others say it's crossed that threshold.
The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.
CPI rose 6.6% in September from a month earlier, and was up 8.2% from a year earlier.
September meeting minutes show renewed resolve to continue tightening monetary policy.