How Does The Fed Raising The Interest Rates Effect The Mortgage Rates?

How Does The Fed Raising The Interest Rates Effect The Mortgage Rates?

  • Michael LaFido
  • 07/19/22

 

Worried about home buying or refinancing now that the Fed raised the interest rate by 0.75%? 🀷‍♂️  There's nothing to worry about because it won't affect mortgage rates. πŸ‘Œ  Fed rates focus more on short-term financings like credit cards, auto loans, and home equity. βœ…  If you have any real estate-related questions, ask away in the comments! '

 

 

Michael LaFido
Luxury Real Estate Realtor | Author
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Throughout his career, Michael learned the importance of high-caliber marketing versus β€œtraditional marketing”, which has become pivotal to his success. Over the past twenty years, LaFido and his team have developed a method that takes a more comprehensive, and proactive approach when positioning and marketing a home.