Closing rates have reached new highs, causing the Fed to raise the main interest rate

The Fed tries to rein in inflation by acting decisively

The Federal Reserve has taken a bold step by raising the federal funds rate by 75 basis points

In May itself, Fed Chairman Jerome Powell indicated an increase

In May itself, Fed Chairman Jerome Powell indicated an increase

The Fed acted decisively and the geopolitical turmoil after the effects of the pandemic escalated rapidly

75 basis points is equal to 0.75% so that 1 basis point is equal to 100 divided by 1%

75 basis points is equal to 0.75% so that 1 basis point is equal to 100 divided by 1%

In today's time, the target interest rate ranges from 1.50% to 1.75%.

In today's time, the target interest rate ranges from 1.50% to 1.75%.

Mortgage interest rates of more than 2% in 2022 were expected to rise further than the federal Reserve in 2022

Many liberals advertised that had 30 year fixed rates above 6%

Many liberals advertised that had 30 year fixed rates above 6%

There is more pressure on home buyers to face the housing market if growth rates increase

There is more pressure on home buyers to face the housing market if growth rates increase