Fed Raises Target Rate Again, but Mortgage Rates Are Unfazed

Jul 27, 2022 |

This article was first published on NerdWallet.com. The Federal Reserve doubled down on its inflation-fighting strategy on Wednesday afternoon, raising a key interest rate by 75 basis points, or 0.75 percentage point, for the second month in a row. The good, or at least not worse, news for home buyers: The Fed’s latest move doesn’t […more]

Posted in: San Francisco

Comments are closed.