Mortgage Rates

The federal open market e raised its policy interest rate by three quarters of a percentage point and anticipates that ongoing increases in that rate will be appropriate. Some people are actually projecting three % interest now as toe up to three % rate. These interest rates should have been higher on home mortgages for much longer they're higher. Yet, these look, this is artificially keeping these rates low, which is what people got used to. That isn't necessarily a good thing.