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. https://www.cherrycreekmortgage.com/blog/article/how-will-the-fed-rate-increase-impact-the-housing-market
blog article
HOW WILL THE FED RATE INCREASE IMPACT THE HOUSING MARKET?
Earlier this week, the Federal Reserve raised its interest rate by .25%. An increase to the Fed's key short-term rate usually causes consumer interest rates to rise, but the impact depends on the type of debt. Mortgage rates aren’t as closely aligned with the Fed’s key short-term rate and tend to be influenced by other factors, such as inflation and mortgage-backed securities. READ MORE