All posts by D. Brian Blank
Federal Reserve just hiked interest rates for the 7th time this year – so why are mortgage rates coming down?
This article is republished from The Conversation under a Creative Commons license. Read the original article here. The Federal Reserve raised interest rates by half a percentage point on Dec. 14, 2022, to a range of 4.25 to 4.5%, the seventh increase this year. So far in 2022, the Fed has lifted its benchmark short-term…
5 things to know about the Fed’s biggest interest rate increase since 1994 and how it will affect you
This article is republished from The Conversation under a Creative Commons license. Read the original article here. The Federal Reserve on June 15, 2022, lifted interest rates by 0.75 percentage point, the third hike this year and the largest since 1994. The move is aimed at countering the fastest pace of inflation in over 40…