Your home. It’s where you raise your family, share your dreams, welcome your friends, and create your fondest memories.
How Fed Rate Increases Affect Home Buyers
What happens when interest rates go up? That’s a tricky question. On Dec. 14, 1016, the Federal Reserve Board announced a 0.25 percentage-point increase in the federal funds interest rate, to 0.75 percent. This was viewed as a good thing because it indicates the Board’s confidence in a resurgent and …