Why the Fed Wants Home Buyers to Face Higher Mortgage Rates

May 4, 2022 |

This article was first published on NerdWallet.com. The Federal Reserve yanked a short-term interest rate higher this week, making it more expensive to borrow money to buy a home or fix it up. All in the name of slowing inflation. The central bank raised the federal funds rate Wednesday by 0.5%, or half a percentage […more]

Posted in: San Francisco

Comments are closed.