Fed Boosts Rates Yet Again, Pushing Down Home Affordability

Sep 21, 2022 | 0 comments

The Federal Reserve continued to shout from the rooftops Wednesday that it will do what it takes to get inflation under control. The central bank raised the overnight federal funds rate by 0.75 percentage point, an action that will raise the floor under other interest rates. By making it more expensive to borrow money, the…

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