The Federal Reserve did the widely predicted increase of the Fed Funds Rate from 0-.25% to .25-.5%. The ¼% isn’t a big deal, but the Fed Chairman Powell indicated that the target is 7 rate increases with a target of 1.9% by the end of 2022, and 2.8% in 2023-2024. The Q&A during the Chairman’s ... » Learn More about Fed Rate Increase – What Does It Mean For Mortgage Rates, Real Estate Market and Inflation?
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