Posts from December 22nd, 2016

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December
22

The Fed Raised Rates: What Does that Mean for Housing?

December 22nd, 2016 by Annette Depue

You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future?

Many in the housing industry have predicted that the Federal Open Market Committee (FOMC), the policy-making arm of the Federal Reserve, would vote to raise the federal fund's target rate at their December meeting. For only the second time in a decade, this is exactly what happened.

There were many factors that contrib...

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Posts from December 22nd, 2016

The Fed Raised Rates: What Does that Mean for Housing?

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